FX.co ★ Burning forecast 18.01.2019

The prospects for the euro from the point of view of the foundation are vague.

On the one hand, it is not clear how the market will perceive a new round of uncertainty around Brexit - it would seem that the approach to Britain's exit from the EU without an agreement is unprofitable for both Britain and the EU - but the pound is moving upward.

On the other hand, the ECB is clearly not going to speed up the issue of raising rates - but things are not very good in the USA due to the problem of the shutdown, - the Federal Reserve is clearly going to take a break.

Thus, the clearest perspective is the price movement.

We are ready to buy euros from 1.1490.

Alternative: Sell euros from 1.1300.