07.04.202018:22 Forex-elemzések és áttekintések: Evening review 04/07/2020. EURUSD. US market grows on new incentives from world central banks

The world's main central banks and governments have already accepted and are accepting huge aid packages for the economy. The US has adopted a $2 trillion package. The Federal Reserve has adopted a $1 trillion program. The EU is considering a large aid package for the eurozone. Japan has adopted a $1 trillion package of measures.

The US market is growing - indexes are growing on these measures - and on the expectation of a near slowdown in the US coronavirus epidemic:

In Europe, there are clear signs of a slowdown in the epidemic's growth in the most problematic countries - Italy and Spain, stabilization is even more obvious in other countries.

In the US, in the last 24 hours, the increase in patients decreased to +8% per day. It is critical that the increase in new cases falls below +7% per day - new data will be available in the morning, in our morning review ("Trading plan").

Nevertheless, it is clearly not worth buying US stocks strategically now - when negative reports on the economy for the first quarter are released , this will inevitably pull down the markets, and prices may become much more attractive. If you take the risk to buy now, then no more than 30% of the account.

EUR USD: Long-term consolidation.

Down the level to enter the breakout 1.0765.

We buy up at the breakout of 1.1040.