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

22.03.202110:13 Forex Analysis & Reviews: Trading plan for EUR/USD on March 22. Europe is at risk of another COVID-19 wave.

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 22.03.2021 analysis

The world is gradually emerging from the coronavirus. There is great progress both in the United States and Britain, which may be the result of their increasing pace of vaccination. To date, more than 30% of their population have been vaccinated.

But in the EU, the situation remains pretty bad. Until now, incident rates are dangerously high, with France recording more than 30,000 new COVID-19 cases a day. Poland, Turkey and Italy follow.

Going back to vaccinations, the pace is still slow in many countries. But the head of Pfizer is confident that by fall, most major countries will be vaccinated.

Exchange Rates 22.03.2021 analysis

EUR/USD opened the week with a small but noticeable gap down. But in general, the euro has formed a very beautiful and completely horizontal consolidation.

Open short positions when the euro breaks below 1.1870.

Open short positions when the euro breaks above 1.1990.

There is uncertainty in the markets.

The US market may undergo a strong correction within the day.

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