For Traders

Analytical Reviews

08.04.202012:21 Forex Analysis & Reviews: Trader's diary. April 04, 2020. EUR/USD. Euro expected to raise

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.

Coronavirus update: The COVID-19 outbreak in Europe is slowing. In Italy and Spain, the number of new cases has declined sharply. The death toll has fallen to 600-700 cases per day.

The infection rate in the US is still increasing by 8% per day. The total number of coronavirus cases in the US is around 400,000. There are at least 1,000 deaths per day across the country with around 700 deaths in New York.

Despite economic problems in Europe, there have also been contradictions between EU countries on how to support the economy. The meeting is rescheduled for Thursday.

EUR/USD

The euro holds steady.

It is preferable to open sell deals at 1.0765.

Buy deals are at 1.1040

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.