27.03.202014:07 Forex Analysis & Reviews: Evening review. EURUSD. 03/27/2020. Negative markets outweigh the effect of incentives

Exchange Rates 27.03.2020 analysis

Optimism from huge packages of assistance to markets and the economy - from the Fed, the US Congress - is eroding.

The pressure of the coronavirus is not weakening: the United States came first in the world in terms of the number of infected, 85,000 cases.

In Europe - Spain had the largest number of deaths for the day, 769. A total of 4,800 deaths in Spain.

In Britain, Prime Minister Johnson became infected - while the condition is not serious.

In the United States, the situation is difficult in New York; hospitals are completely full.

The positive will not be stable until the growth rate of the epidemic decreases.

We are waiting for a new wave of decline in the markets.

EURUSD: We look forward to a decline.

Possible sale from 1.1030.

We sell from 1.0635.

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

Sam Alan,
Analytical expert
InstaForex Group © 2007-2021
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