Forecast and technical analysis EURUSD on November 29, 2018.

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EURUSD: bulls trying to hold the line at around 1.14

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In Wednesday’s US session, the euro jumped sharply against the greenback. The US dollar index collapsed after Fed Chair Jerome Powell’s speech. He said that the key rate is “just below” the neutral level. This surprised investors given that just in early October, Powell had said that the rate is “a long way” from neutral. His remarks have increased speculation that the rate hike trajectory may now slow down.

Trading plan Forex for 28.11.2018

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The stock market in Asia has had a good day, and investors have been encouraged by the words of the economic advisor of the White House Kudlow, according to which it is possible to reach agreement at the Trump / Xi meeting. Just yesterday, President Trump himself said he was "highly unlikely" that the US would not go on with customs. Shanghai Composite is growing 1 percent, and Nikkei225 gained 1.02%.

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