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20.01.202010:13 Forex Analysis & Reviews: Boeing has problems again. Speculators are in the black.

Long-term review
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 20.01.2020 analysis

Good day, dear traders! This news will be of interest to traders who hold short positions on BA according to our recommendations from December 24, 2019: https://www.instaforex.org/ru/forex_analysis/24234...

On Friday evening, Boeing discovered new problems in the software of the MACH 737 liners. It was detected during technical work before the new software was developed. There are few details yet, but it was enough for the shares of the largest airline corporation to fall by another $7.

Let me remind you that in December, we recommended a shorting of CFDs for Boeing shares at a price of $340 per share, which today makes up a profit of $16. That is $1600 from 1 Instaforex lot.

Plan:

Exchange Rates 20.01.2020 analysis

Dynamics:

Exchange Rates 20.01.2020 analysis

Today, be attentive to the discovery of America. If the $320-318 level breaks, we recommend closing most of the Boeing position.

Good luck in trading and control your risks!

Andrey Shevchenko
Analytical expert of InstaForex
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