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13.06.201808:33 Forex Analysis & Reviews: Trading plan 06/13/2018

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 06/13/2018

The overall picture: a turn towards the dollar.

The main events for the market: today the Fed at 6 PM London time and on Thursday June 14 - the ECB.

There was a turn towards the dollar.

The market pondered the unexpected developments of the G-7 summit in Canada - and is inclined to think that the outcome of the trade disputes is in favor of Trump. In favor of the United States and the outcome of the meeting, Trump - Kim Jong-un. This strengthens the dollar, plus the Fed rate hike, almost guaranteed today.

The ECB can sharply turn the picture tomorrow - if the policy turns to tightening.

GBPUSD:

Buy from 1.3475

Sell from 1.3330

Exchange Rates 13.06.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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