Open trading account 
the first fed/FOMC meeting of 2018 was held in the week we were busy in terms of Eri and news flow. As expected, the FED announced that the economy supports gradual interest rates while not making any changes in interest rates. Inflation, however, is expected to rise this year, in the medium term, around 2 percent of stability is declared to win. Looking at the country's data released last week, non-agricultural employment, ADP non-agricultural employment, Conference Board Consumer Confidence, the S&P/CS housing Price Index, Chicago PMI, ISM Manufacturing PMI unemployment applications, factory orders and Michigan consumer expectations and sentiment were better than anticipated. Unemployment Rate, Average Hourly Earnings, Pending Housing Sales,4. Quarter employment cost index and production PMI are explained in parallel with expectations, while ISM Manufacturing employment and 4.The quarterly Non-Farm productivity data has resulted in poor forecasts. European Central Bank Board Member Benoit Coeure said interest rates will not change in the long term. Peter praet, member of the Board of Governors of the European Central Bank, highlighted that monetary policy will be based on data, while the need for monetary stimulus is still continuing. Pierre Moscovici, Commissioner for Economic and Financial Affairs of the European Commission, stated that the economic growth momentum of the euro zone in 2017 would extend to 2018 and 2019. On the other hand, last week reports that Germany had reached an agreement on an important part of the immigration policy crisis, while Martin Schulz, leader of the Social Democratic Party, predicted that the Coalition talks would be successful for their country in the coming days. When we look at important data from the region, the Eurozone unemployment rate, Manufacturing PMI, growth and inflation figures were explained in parallel with expectations, while PPI fell below expectations. When we look at the data from Germany, the CPI, retail sales, Manufacturing PMI data are explained below the forecast, while unemployment figures were better than the forecast was declared. If we look at the economic calendar this week, the service PMI data to be announced by Markit and ISM from the United States, Trade Balance, employment opportunities and personnel exchange rate, 10-year bond auction and Unemployment Claims, retail sales in the euro zone, Trade Balance in Germany, industrial production, factory orders and future PMI figures from European countries will be followed. We also benefit from monitoring the US interim budget, the German coalition talks and the ECB monthly report, which will be concluded on 8 February. Technically, our first critical support is 1.2415. 1.2360, 1.2335 and 1.22285 support can also be monitored in case of breaking here. On the upside, our major resistance levels are 1.2475, 1.2505 and 1.2535
