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09.01.202010:57 Forex Analysis & Reviews: Trader's Diary: EURUSD on 01/09/2019, US - Iran crisis is over

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 09.01.2020 analysis

The main news at the time of the review: Iranian leader Khamenei said that the strike at the US base in Iraq is sufficient revenge for the killing of an Iranian general by a US strike.

The US already announced earlier that it is ready for conciliation talks with Iran without preconditions.

So, for now, the crisis is over.

Meanwhile, the gold rolled back from 1610 to 1545 dollars. And as for the oil, it declined from $65 to $60.

Currently, the markets are calm and await for the US employment report on the Non-farm payrolls on January 10th, Friday.

EURUSD

You can buy a breakthrough at 1.1205 and up.

You can sell from 1.1100.

You can buy from the current with a stop at 1.1080.

Jozef Kovach
Analytical expert of InstaForex
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