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18.01.201908:34 Forex Analysis & Reviews: Burning forecast 18.01.2019

Long-term review
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The prospects for the euro from the point of view of the foundation are vague.

On the one hand, it is not clear how the market will perceive a new round of uncertainty around Brexit - it would seem that the approach to Britain's exit from the EU without an agreement is unprofitable for both Britain and the EU - but the pound is moving upward.

On the other hand, the ECB is clearly not going to speed up the issue of raising rates - but things are not very good in the USA due to the problem of the shutdown, - the Federal Reserve is clearly going to take a break.

Thus, the clearest perspective is the price movement.

We are ready to buy euros from 1.1490.

Alternative: Sell euros from 1.1300.

Exchange Rates 18.01.2019 analysis

Dean Leo
Analytical expert of InstaForex
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