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30.04.201810:18 Forex Analysis & Reviews: Trading plan 04/30/2018

Long-term review

Trading plan 04/30/2018

General picture: Week of great news.

On a new week: On Wednesday, 19:00 BST, the decision of the Fed. It is possible to raise the rate.

On Wednesday, at 13:15 London time, a private report on employment in the US from ADP for April.

On Friday, the non-farms at 13:30 London time.

A lot of news is not the highest but the first priority.

And do not forget, Trump should announce, not later than May 1, whether there will be new duties on steel and aluminum applied to the EU despite the visits to the US by Merkel and Macron. The question remains.

GBP / USD: Despite a strong fall in the previous days, we expect a strong rebound from 1.3700.

We buy from 1.3700, stop 1.3660, profit 1.3800.

Exchange Rates 30.04.2018 analysis

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

Jozef Kovach,
Analytical expert of InstaSpot
© 2007-2025
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