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04.01.201910:14 Forex Analysis & Reviews: Trading Plan 01/04/2019

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.

The last days brought some news showing a slowdown in the US.

The ISM Index Industrial Report came out much lower in December but still above level 50 (fact 54), a value above 50 indicates growth. The market is embarrassed by a significant decline in Apple's forecast in terms of sales for the quarter. Plus Tesla Ilona Mask is forced to lower prices, demand is obviously falling.

At the same time, the ADP employment report came out strong, the labor market is up to par.

The Fed: Business media write that the Fed may not raise the rate over the course of 2019.

Today, the official report on employment in the United States at 14.30 London time.

EUR / USD: We buy from 1.1500, we sell from 1.1300.

Exchange Rates 04.01.2019 analysis
Jozef Kovach
Analytical expert of InstaForex
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