21 Mei 2019, EUR/USD
EURUSD trading plan:
Good news for the Euro. Investors are actively buying gold, silver, palladium, which will have a positive impact on the value of the Euro, as there is a correlation between the instruments. The U.S.-China trade war has been one of the pillars of support for gold this year as investors used the yellow metal as a safe haven in times of both economic and political troubles. Oil prices gained strongly in the four months of 2019, reaching $74.7 in April. Saudi Arabia is keen to protect the downside in oil prices. This is a positive signal for the Euro!
Trading recommendation: Buy 1.1145 and take profit 1.1192.