FX.co - Trading plan 02/16/2018

2018-02-16T09:31:06

Long-term review

The overall picture: The fall of the dollar.

The dollar updates the lows: the dollar-yen, dollar-franc falls.

Today, the euro reached a new high.

Buy the euro from 1.2515, stop at 1.2470, target at 1.2630.

There are no important news: the market continues the trend "by inertia", until the big players decide that "it's enough".

Pound:

Buy on the rebound from 1.3940.

Trading plan 02/16/2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Trading plan 02/16/2018