empty
 
 
30.10.2020 08:29 AM
Trading plan for the EUR/USD pair on October 30. New peak of COVID-19 incidence - around 545 thousand new cases a day.

This image is no longer relevant

A new peak in coronavirus incidence was recorded recently- around 545 thousand new cases a day worldwide. 91 thousand of it came from the United States, which further decreases the chance of Donald Trump winning in the upcoming US elections. Infections continue to increase as well in many parts of Europe.

Against this background, everyone is advised to follow health protocols and, if possible, avoid crowded places, especially in enclosed spaces.

This image is no longer relevant

EUR/USD - The euro fell sharply on Thursday after very strong economic data from the United States. According to a report, US GDP grew 33% in the 3rd quarter, covering the 30% drop observed in the last quarter. The US Department of Commerce said the US economy has fully recovered from the downturn caused by the lockdown.

At the same time, employment in the US also increased by 700 thousand.

Keep short positions from 1.1785, however, there is a very strong support at 1.1645 ahead, so a rebound is possible.

Open long positions from 1.1760.

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 $8000 more!
    In March we raffle $8000 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