Trading plan Forex for 10.10.2018

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On Wednesday, the 10th of October, the event calendar is busy with important data releases. Market participants should focus on the UK data release: GDP, Industrial Production, Manufacturing Production and Visible Trade Balance. The other important data will be released from the US in form of PPI and PPI Core figures. There are spechees scheduled for today from MPC Member Andy Haldane and FOMC Member Charles Evans.

Forecast and technical analysis EURUSD on October 09, 2018.

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EURUSD: euro hovering around the balance line

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On Monday the 8th of October, trading on the euro closed down against the dollar. The dollar made gains against most of the majors, although most of these gains were erased during the US session. With a bare economic calendar and holidays in the US and Canada, there wasn’t much to trade on. The US stock market was open, but the securities market was closed.

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