Forex Traders Reviews Trading Plan
21.12.202010:37 Forex Analytical Reviews: Trading Plan 21.12. Eurusd. Covid19 hit the UK market – the euro and the pound fell sharply in the morning
Meaning to 08:00 2020-12-22 UTC-000
Kovid worldwide: According to statistics everything is good, 543 K – is almost 200 K below the highs.
But the nuisance came from the UK – a new strain of coronavirus appeared, much more contagious. Dutch authorities cancelled flights to the UK over the weekend. The EU will hold an urgent summit today to take action against the new version of the virus. As far as I understand, the vaccine works against a new strain – but it’s a domino effect. In the UK there is really strong growth, 36 K per day.
This news broke the euro and the pound in the morning, fell sharply and the ruble against the dollar at the opening.
Now the market is calming down. EURUSD
. We saw a strong correction in the morning on the news on covid. But the trend has not yet reversed.
Stops at 1.2170 took out, unfortunately. There is not yet a good level for sale.
Purchase from 1.2275.
Sale from 1.2058.
Week short, December 25, Christmas in Western countries. This market analysis is informative and is not a transaction guide.
Estimate, Analyst: Michail Makarov GK InstaForex © 2007-2020