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26.01.201809:05 Forex Analysis & Reviews: Trading plan 01/26/2018

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.

Trading plan 01/26/2018

The overall picture: The Euro is slowing down, the pound is growing.

The ECB left the policy unchanged, no signals for a change in the direction of tightening.

The representative of Britain in Davos expressed a clear joy from the growth of the pound. The road to the top is open.

The dollar falls to the yen and franc.

The gold has reached an important level of resistance on the way up.

The euro is in the range of 1.2300 - 1.2540.

The pound is on the way up, but the entry points are now very unfavorable, you need a strong pullback.

We are buying from 1.3910.

Exchange Rates 26.01.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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