empty
 
 
12.10.2020 08:31 AM
Trading plan for the EUR/USD pair on October 12. Persistent rise of COVID-19 in Europe and growth in the US market.

This image is no longer relevant

Until now, India and the United States remain tense with regards to the coronavirus pandemic, however, the most concerning situation is in Europe, at which cases are rapidly and persistently increasing everyday.

As of the moment, France has already recorded a daily incidence of 16 thousand, United Kingdom at 12 thousand, while Italy, The Netherlands and Ukraine have listed more than 5 thousand.

This image is no longer relevant

The US market is growing, even amid the upcoming presidential elections. In that case, sell stocks once the market reaches the same peak.

The upcoming reports on US employment and retail sales could also affect the movement in the stock market.

This image is no longer relevant

EUR/USD: The euro is growing as well, so keep buying from the level of 1.1685 and from the level of 1.1785.

In case of a reversal, set stop loss at the level of 1.1720.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback