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07.11.201809:20 Forex Analysis & Reviews: Burning forecast 07.11.2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Burning forecast 07.11.2018

EURUSD: A signal to trend up.

The EUR/USD rate has broken the daily order level to the top of 1.1455 on the results of elections to the US Congress.

On Thursday at 18.00 London time, the Fed decision on rates.

We keep buying from 1.1455, stop 1.1410, target 1.1730.

Alternative: Selling from 1.1300.

Exchange Rates 07.11.2018 analysis

Dean Leo
Analytical expert of InstaForex
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