With new forces in battle: Trading plan for EUR / USD and GBP / USD pairs on 04/23/2019

As expected, the market was extremely quiet and calm and even the news on home sales in the secondary market of the United States fell by 4.9% instead of declining by 2.3%. As predicted, it left everyone behind indifferent due to continued celebration of Easter in Europe and no one worked. So to say, everyone was not up to the plight of American realtors.

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Today, Europeans are well rested and gaining fresh strength and are going into battle. Moreover they face the task of correcting the misunderstanding that happened last Thursday , when an extremely self-respecting means of mass agitation and disinformation started a rumor that the current head of the German Federal Bank could become the new head of the European Central Bank. Naturally, this means of mass agitation and disinformation is American. Moreover, its founder, leader and owner is a prominent representative of the Republican Party, whose one of goals is the economic dominance of the United States. It is not even a goal but given for granted. Hence, the Europeans need to play everything back since the news itself is a throw-in, because Jens Weidemann, who heads the German Federal bank, is not even among the five most likely candidates for the post of head of the European Central Bank. Of course, no one will be allowed to forget about yesterday's data on home sales in the secondary market, since there will be data on sales of new homes in the United States today, which should be reduced by 2.6%.

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The euro/dollar currency pair showed a sharp slowdown after the pulse of Thursday last week, which resulted in a pullback. It is likely to assume that the pullback will continue in the market in the direction of 1.1270-1.1285.

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The pound/dollar currency pair drew a sharp slowdown in the same range after a return to the range level of 1.2970 / 1.3000. It is likely that a pullback from the range level is considered as a possible scenario, where the perspective of the move is in the range of 1.3030-1.3050.

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The material has been provided by InstaForex Company - www.instaforex.com

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