empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

09.01.201810:10 Forex Analysis & Reviews: Trading plan as of 01/09/2018

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.

Today, very little significant data is published, and attention should be paid only to two indicators. First, in Europe, there are data on unemployment, the level of which should decrease from 8.8% to 8.7%. Gradual, but surely correcting the situation on the labor market, of course, supports a single European currency. In the second half of the day, data on open vacancies in the United States are published. Their number should grow from 5, 996 thousand to 6, 038 thousand. On the one hand, the increase in the number of vacancies indicates an improvement in the labor market situation, but the unemployment rate in the United States is already quite low, and such a small increase in open vacancies is unlikely to affect the situation of things.

The euro/dollar currency pair, after an active downward movement, approached the periodic value 1.1940, where it formed a stagnation. It is possible to assume that the quotation will try to find a support in the value of 1.1940, forming a rollback to 1.2000 / 1.2020.

Exchange Rates 09.01.2018 analysis

The pound/dollar currency pair is wagging in the range of 1.3580 / 1.3520, from time to time practicing the boundaries. It is possible to assume that the quote will once again go down to 1.3520 / 1.3530, where it will feel temporary support.

Exchange Rates 09.01.2018 analysis

Mark Bom
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off