The foreign exchange market has long been ripe for a strong trend movement, especially for the euro.
The new week has three important events, each of which can start a trend:
1. Trump-Democrats negotiations on the “shutdown” can give a positive impetus to the markets – none of the parties are interested in deepening the crisis around the budget.
2. Theresa May should try to find a compromise in parliament for an agreement with the EU – there is almost no time left – the BREXIT deadline is the end of March.
3. ECB meeting on monetary policy on Thursday.
We are ready to buy euros from 1.1490.
Alternative: Selling from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
The foreign exchange market has long been ripe for a strong trend movement, especially for the euro.
The new week has three important events, each of which can start a trend:
1. Trump-Democrats negotiations on the “shutdown” can give a positive impetus to the markets – none of the parties are interested in deepening the crisis around the budget.
2. Theresa May should try to find a compromise in parliament for an agreement with the EU – there is almost no time left – the BREXIT deadline is the end of March.
3. ECB meeting on monetary policy on Thursday.
We are ready to buy euros from 1.1490.
Alternative: Selling from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
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