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10.10.201909:11 Forex Analysis & Reviews: Trading plan EURUSD 10/10/2019

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.

Exchange Rates 10.10.2019 analysis

The market is waiting for news on two fronts: Brexit and Trump-China trade negotiations. In Britain, there is news of concessions from the EU on the issue of the customs border with Ireland. There is also some positive information on trade negotiations.

Reports from the last Fed meeting made no impression on the market.

EURUSD: Hold purchases from 1.0945.

We buy at a breakthrough 1.1000 up.

We sell from 1.0875.

Jozef Kovach
Analytical expert of InstaForex
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