Trading week is going to be hectic

Tuesday, 29/08/2017 | 12:08 GMT

Disclaimer

Larson&Holz analysts do not expect the market to have neither trend changes, nor significant corrections. The expected trends are most likely to go on.

1. The Euro hits the maximum point for the past 2 years, and it must be aimed at 1,21700 in relation to the American. It is advised to buy the currency pair EUR/USD aiming at 1,21700.
2. The Canadian dollar goes up because of hurricane Harvey; also, Thursday will see the Canadian quarterly GDP. Larson&Holz analysts recommend to speculate according to the data, having indicated in advance the goal of the entry and the stop-loss point with the help of pending orders.
3. The British pound is about to break 1,29500, after which the pound is expected to aim at GBP/USD 1,33000 in the medium-term.

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