Trading Plan for February 20

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Published: Feb 20, 2019, 16:05 UTC

Traders are waiting for the FOMC Meeting Minutes as the American central bank may provide clues on the future rate hikes. Positive clues will support the USD, lack of clues may pull it down. Check levels for the EUR/USD.

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-Traders are waiting for the FOMC Meeting Minutes as the American central bank may provide clues on the future rate hikes. Positive clues will support the USD, lack of clues may pull it down. Check levels for the EUR/USD.

-It seems like XAU/USD has reached strong resistance. Is it a signal of the downward correction or the further rise is more likely? Check ideas on the XAU/USD trading.

-The Brazilian real is anticipated to be highly volatile as the pension reform should be sent to the Parliament today. Approval of the reform will support the BRL, any uncertainties will provoke depreciation. What are the key levels for the USD/BRL?

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