empty
 
 
24.02.2021 08:33 AM
Trading plan for EUR/USD on February 24. Slight increase in COVID-19 incidents. Euro to trade downwards soon.

This image is no longer relevant

A slight increase was observed in terms of overall incident. New COVID-19 cases rose by about 20%. In the US, small growth was also seen, around 20%.

Perhaps, this is just an accidental surge, but it could also be the beginning of a new wave.

Aside from that, the pace of vaccination is still slow. Only US and Britain are showing noticeable success. Even the EU is observing an extremely slow pace of vaccination.

This image is no longer relevant

EUR/USD

The Federal Reserve promised the markets that monetary policy will remain soft for a very long time. It was enough to support the stock market, but insufficient for the euro. Meanwhile, the pound has reached new highs, although now it seems ready for a correction. As for the franc, it already started to decline.

Going back to the euro, it may start trading downwards today. Therefore, it is best to open long positions from 1.2125, with stop loss at 1.2089. As for short positions, open them from 1.2085.

The US Fed will make a speech again later in the afternoon.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $8000 más!
    ¡En Marzo, sorteamos $8000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback