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24.12.2020 11:59 AM
Trading plan for the EUR/USD pair on December 24. Markets are closing tomorrow.

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Once again, global COVID-19 incidence increased, reaching 683,000 yesterday, but is below the recorded peak, which is somehow a good sign.

In the United States, new cases to 232,000, while deaths hit 3.4 thousand.

Growth was observed in Europe as well, with the UK listing 39,000 new cases, followed by Germany who recorded 31,000 new infections. Sadly, an increase occurred even amid tougher quarantine measures.

Nonetheless, vaccinations are active both in the US and the UK, and Europe will soon begin mass vaccinations (on December 27).

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EUR/USD - markets are closed on December 25 (Christmas Day).

Yesterday, economic reports from the US came out weak: employment slowed to 200,000, while revenues dropped by 1.1%. Inflation, meanwhile, came out at 0%.

Open long positions from 1.2190.

Open short positions from 1.2130.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
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