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Trading plan 11/15/2017

The general picture: The speeches of the heads of the Central Bank at the ECB conference caused a decline in the dollar.

Experts have not yet analyzed the essence of the statements of the heads of the largest Central Banks on Tuesday at the ECB conference - the heads of the ECB, U.S. Federal Reserve, the Bank of Japan and the Bank of England.

However, the market determined: A decline in the dollar rate - and this is important.

The EURUSD pair showed strong growth.

It is advised to lock in profits for the euro at the moment - as one should recall, it is recommended to buy from 1.1625 and from 1.1690 - the current rate of 1.1790. A strong correction is possible up to 1.1740 - 1.1700.

For the GBPUSD pair:

Buy for a breakthrough at 1.3230.

Sell for the breakthrough at 1.3020.

Exchange Rates 15.11.2017 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Sam Alan,
Analytical expert
InstaForex Group © 2007-2017
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