Trading plan Forex for 16.11.2018

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GBP / USD climbed over 1.28 from Thursday's lows at 1.2720 after dropping by 3 figures. Opponents of Prime Minister May and her draft Brexit agreement have not yet collected 48 votes for the motion of censure. The rest of the currency market remains calm without a specific tone. The weakest is USD, and the leading ones are JPY and NOK, although the spread is small.

Forecast and technical analysis EURUSD on November 15, 2018.

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EURUSD: euro bulls preparing to break through 1.1350

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On Wednesday the 14th of November, trading on the euro closed slightly up. Fluctuations on the GBPUSD pair exerted their influence on the single currency throughout the day. The fluctuations on the British pound were the result of contradictory reports on Brexit. The pound and euro closed up against the dollar. The euro closed against the dollar at 1.1323.

Forecast and technical analysis EURUSD on November 14, 2018.

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EURUSD: correction on the euro following the pound

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On Tuesday the 13th of November, trading on the EURUSD pair closed down. The euro rose against the dollar on the back of the pound’s recovery in the wake of further developments on Brexit. This led to a recovery for other majors, while exerting pressure on the greenback from all sides.

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