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FX.co ★ Burning forecast 01/29/2019

Burning forecast 01/29/2019

The market is waiting for the main events of the week: voting in the British Parliament on the agreement with the EU today, January 29, (will vote for different versions of the agreement to try to find a majority position.

On Wednesday - the Federal Reserve decision on rates.

No one expects the Fed to raise rates, everyone is waiting for soft statements - this may give a new impetus to the dollar's decline.

We keep purchases of euros from 1.1395, possible purchases with a decrease to the average (on the chart below).

Alternative: Sell from 1.1285.

Burning forecast 01/29/2019

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