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06.06.201812:19 Forex Analysis & Reviews: Trading plan 06/06/2018

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 06/06/2018

The picture: The question about the trend of the dollar is being decided.

The main theme remains the same about Trump and his duties against Europe and China. This issue will be put on hold until Friday - before the G-7 summit in Canada.

On Tuesday, rumors appeared on the market that the ECB will consider tightening from an ultra-soft monetary policy during the meeting on June 14 (within a week). This changed the mood of investors for the euro, as the currency is trying to grow.

In Italy, a new populist government began to work - the new prime minister hastened to state that he does not intend to try to leave the Eurozone.

GBP/USD pair: We are buying from the level of 1.3375.

Exchange Rates 06.06.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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