For Traders

Analytical Reviews

27.03.202014:07 Forex Analysis & Reviews: Evening review. EURUSD. 03/27/2020. Negative markets outweigh the effect of incentives

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.

Optimism from huge packages of assistance to markets and the economy - from the Fed, the US Congress - is eroding.

The pressure of the coronavirus is not weakening: the United States came first in the world in terms of the number of infected, 85,000 cases.

In Europe - Spain had the largest number of deaths for the day, 769. A total of 4,800 deaths in Spain.

In Britain, Prime Minister Johnson became infected - while the condition is not serious.

In the United States, the situation is difficult in New York; hospitals are completely full.

The positive will not be stable until the growth rate of the epidemic decreases.

We are waiting for a new wave of decline in the markets.

EURUSD: We look forward to a decline.

Possible sale from 1.1030.

We sell from 1.0635.

Back to the list

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.