Trading plan Forex for 02.11.2018


On Friday, the 2nd of November, the event of the day will be the US job market report in form of NFP-Payrolls data and Unemployment Rate data. Moreover, the global investors should keep an eye on PMI Manufacturing data from Germany, France and the rest of the Eurozone, the Construction PMI data from the UK and the data from Canada: Unemployment Change, Employment Rate and Trade Balance.

Forecast and technical analysis EURUSD on November 01, 2018.


EURUSD: a return to 1.1309 is highly likely

On Wednesday the 31st of October, trading on the euro closed down by 0.28%. Pressure on the euro continues to stem from the uncertainty around the situation in Italy, as well as the general strengthening of the US dollar after the publication of positive data on the number of new jobs in the US private sector and the growth in 10-year US bond yields. The indicator exceeded market expectations.

Trading plan Forex for 01.11.2018


On Thursday, the 1st of November, the event of the day is the Bank of England interest rate decision, but the global investors should keep an eye on the other data, like CPI data from Switzerland, PMI Manufacturing data from the UK, Unemployment Claims, Continuing Claims and ISM Manufacturing data from the US. There is a speech from BOE Governor Mark Carney scheduled after the BoE decision is made.


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