empty
 
 
25.11.2020 10:17 AM
Trading plan for the EUR/USD pair on November 25. Improvement in the global COVID-19 situation.

This image is no longer relevant

The global COVID-19 situation has improved. Now, the overall incidence is at 544,000 a day, against a peak of 660,000. The one that ameliorated the most is the United States, which recorded a sharp drop in daily incidence from a peak of 201,000 to 175,000.

As for the deaths related to the virus, the figure remains at very high levels. However, it is just logical that it lags behind the peak of incidence by at least 5-7 days.

Two COVID-19 vaccines are also only waiting for approval before their release. Meanwhile, new questions arose about AstraZeneca's vaccine yesterday.

This image is no longer relevant

EUR/USD - the euro broke through the high of 1.1905.

Open long positions from 1.1906, then stop at 1.1860.

In case of a downward reversal, open short positions from 1.1840.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $1000 more!
    In April we raffle $1000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback