Good and bad news | 28 Abril 2020

28 Abril 2020, EUR/USD

Good and bad news

EURUSD trading plan:

Good and bad news for the European currency. The bearish rally in the precious metals market will have a negative impact on the value of the Euro. The European currency and gold correlated with each other. The precious metal eased after U.S. equities hit the highest in almost seven weeks as states including Florida took steps toward easing restrictions. Investors increase their long positions in stock markets and short positions in the precious metals market. Italy, one of the countries hit hardest, prepared to begin reopening. This is a positive signal for the European currency!

Trading recommendation: range 1.0800 -1.0855.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.