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.

Trading plan Forex for 09.11.2018

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On Friday, the 9th of November, the event calendar is busy with important data releases. The event of the day is the UK GDP and Industrial Production data release. Moreover, there are other data to keep the eye on, like Industrial Production data from France and Germany, PPI and Core PPI data from the US together with the UoM Consumer Sentiment data release. There is a speech from FOMC Member Randal K. Quarles scheduled later in the day as well.

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