empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

02.12.202011:09 Forex Analysis & Reviews: Trading plan for the EUR/USD pair on December 2. The euro is moving upwards.

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 02.12.2020 analysis

Global COVID-19 incidence grew again, reaching a figure of 577,000. However, it is still below the recorded peak, which is 660,000.

Similarly, in the United States, new cases increased to 182,000, but the good thing is that the number is lower than the highest record, which is 201,000.

As for mortality rate, a statistics of 12,000 a day was recorded.

Many are awaiting the approval of COVID-19 vaccines, which are set on December 11-12.

Exchange Rates 02.12.2020 analysis

EUR/USD - The euro is trading in an upward trend. Selling is very risky right now despite high prices.

Trade long positions from 1.2015 and below.

Do not sell earlier than 1.1922.

A good level for sales will emerge if there is a strong pullback

The latest US employment report will be published today at 14:15.

Jozef Kovach
Analytical expert of InstaForex
© 2007-2024

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.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off