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25.11.202010:01 Forex Analysis & Reviews: Trader's Diary 25.11. A wave of optimism in the markets. EURUSD

Company does not offer investment advice and the analysis performed does not guarantee results.
The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Exchange Rates 25.11.2020 analysis

S&P500 daily. The US market closed at historic highs. There will likely be a wave of growth. The reasons for optimism are Biden's win and that a new stimulus package is expected from him. This is evidenced by the nomination of Janet Yellen, the former head of the Federal Reserve, to the Treasury Department.

There will be important news about the US today. We are waiting for the growth of the US market. It is not worth buying and is necessary to postpone sales first. The wave of growth has to run out of steam first.

Exchange Rates 25.11.2020 analysis

Oil went up with the US market.

Exchange Rates 25.11.2020 analysis

EUR/ USD-- The Euro has just updated its maximum and looks ready for growth.

We are still holding purchases from 1.1906, stop 1.1860.

we are ready to sell from 1.1840.

Jozef Kovach
Analytical expert of InstaForex
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