Facebook
 
 

19.10.202010:29 विदेशी मुद्रा विश्लेषण और समीक्षा: Trading plan for the EUR/USD pair on October 19. Second pandemic wave in Europe and the November US presidential election.

Exchange Rates 19.10.2020 analysis

EUR / USD: The euro is currently under pressure due to the second pandemic wave in Europe, but then the outlook for the dollar is also unclear. As a result, the EUR / USD pair has no clear direction yet in the market.

Set long positions from 1.1750 to 1.1705.

Set short positions from 1.1685 to 1.1730.

Keep in mind that around 1.1608, there is strong support on the daily scale.

Exchange Rates 19.10.2020 analysis

Everything is bad in Europe. France has already reached third place in the highest rate of incidence worldwide, having recorded 30 thousand new coronavirus patients a day.

Germany and Poland have also been added to the list, after listing 5-8 thousand new cases a day.

Meanwhile, there was a decline in cases in the United Kingdom, to below 45 thousand a day.

Exchange Rates 19.10.2020 analysis

US market: As expected, sales appeared around the yearly highs. You may continue selling around it because in the coming US presidential election, it is likely that Biden will win, which means that tax and budget policies will be revised, and this will bring negative effects to the market.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Sam Alan स विश्लेषणात्मक विशेषज्ञ द्वारा प्रदर्शन किया
इंस्टाफॉरेक्ष् समूह © 2007-2021
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.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.