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15.01.201811:18 Forex Analysis & Reviews: Trading plan 01/15/2018

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Trading plan 01/15/2018

The picture: The dollar retreated on all fronts.

The trading session closes last week with an openly bullish on the euro. If talking about the goal, the monthly trade is seen to be at 1.2500 - 1.2660 this month and expect strong bull candles for the month and week.

There could be a correction on Monday, particularly in the U.S., and Tuesday.

The main news of the week, the Fed's Beige Book report, will be released on Wednesday, January 17. The market will wait for a new signal.

Buy euros from the rollback, although this could be quite strong and put the stop, not greater than 45 points with purchase from 1.2110.

GBP / USD pair

The pound also rose sharply and went to catch up with the euro growth against the dollar.

We buy from a rollback at 1.3560.

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