Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Corona virus summary:

Exchange Rates 09.04.2020 analysis

The number of people killed by the coronavirus in Spain passed 15,000 on Thursday, but the daily death toll fell to 683 after two consecutive days of rising above 740, Sam Jones reports from Madrid.

Figures released by the health department suggest that the spread of the virus is continuing to slow down: between Wednesday and Thursday, the rise in the number of new cases was 3.9%, compared with a daily average of 12% at the end of March and 20% in mid-March.

Spain's prime minister, Pedro Sanchez, is once again seeking congress' approval to extend the state of emergency - this time until 26 April.Speaking in parliament on Thursday morning, he defended his government's handling of the Covid-19 crisis and said the continuing lockdown, which has been in effect since 14 March, was the best way to tackle contagion-to date, Spain has confirmed 152,336 cases of the virus, and 15,238 deaths. However, there are growing doubts over the way in which the country is counting the dead..

Technical analysis:

EUR/USD has been trading sideways at the price of 1.0870. Anyway, I found that on the 8H time-frame there is the bear flag and rejection of the middle Bollinger band, which is sign that potential downside trend may resume.

Watch for selling opportunities with the downward targets at 1.0770 and 1.0635.

Stochastic oscillator is showing potential bear cross and currently is at the level of 50.

Resistance levels are set at the price of 1.0920.

Support levels and downward targets are set at the price of 1.0770 and 1.0635.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Close
Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.