FX.co ★ Trading plan 05/23/2018

Trading plan 05/23/2018

The overall picture: The growth of the dollar meets resistance.

There is no important news right now. The effect of the growth of yields on Treasuries of the US to 3% per annum continues.

On the other hand, the strengthening of the dollar was too fast and requires some correction. The euro and the pound are still trying to continue the decline, but other currencies such as the franc, the yen, especially, and gold show readiness for a strong rebound.

Perhaps, the turn will be today at 21.00 Moscow time on "minutes" since the last meeting of the Fed.

Perhaps today, the turn will be on the "minutes" since the last meeting of the Fed, at 18.00 London time.

GBP / USD pair: We are buying for a breakthrough at 1.3500.