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25.11.202010:01 Forex Analysis & Reviews: Trader's Diary 25.11. A wave of optimism in the markets. EURUSD

Exchange Rates 25.11.2020 analysis

S&P500 daily. The US market closed at historic highs. There will likely be a wave of growth. The reasons for optimism are Biden's win and that a new stimulus package is expected from him. This is evidenced by the nomination of Janet Yellen, the former head of the Federal Reserve, to the Treasury Department.

There will be important news about the US today. We are waiting for the growth of the US market. It is not worth buying and is necessary to postpone sales first. The wave of growth has to run out of steam first.

Exchange Rates 25.11.2020 analysis

Oil went up with the US market.

Exchange Rates 25.11.2020 analysis

EUR/ USD-- The Euro has just updated its maximum and looks ready for growth.

We are still holding purchases from 1.1906, stop 1.1860.

we are ready to sell from 1.1840.

*Účelem zde zveřejněné analýzy trhu je zvýšení vašeho povědomí, nikoli dávání pokynů k obchodování.

Jozef Kovach,
Odborný analytik společnosti InstaForex
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