20.11.2020 08:22 Trade plan 20.11.2020. Eurusd. Covid19 is the new maximum. Markets and the euro are rising
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20.11.20008:22 Trading Plan 20.11.2020. Eurusd. Covid19 is the new maximum. Markets and the euro are
Meaning to 06:00 2020-11-21 UTC-00
Covid19 – new global highs. 650 cases per day yesterday. Deaths 11 K per day. The new maximum in the US is 192 K of new infections per day, 2 K deaths per day. In the United States, 12 million people, or about 4% of the population, already have coronavirus. Europe is at the forefront, several countries impose strict quarantine – Hungary, Austria.
In Russia, the new maximum of infections yesterday is 23.6 For cases in the leaders of Moscow and St. Petersburg, 6.5K and 2K cases respectively – a total of capital give more than 30% of the total number of cases. At the same time, if Moscow has additional medical resources – hospitals in St. Petersburg are working on the verge of overload.
Markets, however, do not pay attention to the height of the pandemic:
Schedule S P500 during the day. As you can see, the market is consolidating near highs – and preparing a breakthrough. A good employment report yesterday supported the market – long-term unemployment fell by 400,000 people.
It is worth waiting for the explosion and start selling with new highs.
EURUSD – last night shoppers completely turned the euro from the low of the week.
We are waiting for the breakout to be 1.1895 and are ready to buy.
Sales level 1.1815.
the market is informational and is not a guide to trading.
Estimate, Analyst: Michail Makarov GK InstaForex © 2007-2020