Analytics

Dollar growth paused, which sellers immediately took advantage of. Albeit insignificantly, the price still decreased, taking the first step towards the possible development of the correction wave iv.

Events to pay attention to today: 17.00 msk. US: non-production ISM index. GBPUSD: Open Buy positions for two reasons. Firstly, the US Treasury and the Fed will today increase the dollar liquidity surplus by $33 billion through transactions with Treasury securities, which will put short-term pressure on the exchange rate of the American currency.

Four-hour schedule of EUR/USD. The currency pair is still held above the daily supertrend line. As a priority, we continue to consider the scenario with the development of upward movement and the exit of prices from the local sidewalk up.

Traders Forex Reviews Trading Plan 22.10.202113: 10 Forex Analytical Reviews: EUR / USD: Plan for the American session October 22 (analysis of the morning transactions).

C events to pay attention to today: 15.30 msk. US: the number of initial requests for unemployment benefits. GBPUSD: The oil market will be under pressure on the dollar as black gold is quoted in the US currency and has an inverse correlation against the dollar.