Good and bad news | 06 Octubre 2020

06 Octubre 2020, EUR/USD

Good and bad news

EURUSD trading plan:

Good and bad news for the Euro. A bullish rally in the precious metals market will have a positive impact on the value of the European currency, as assets are correlated with each other. Positive macroeconomic statistics from the United States will have a negative impact on the value of the Euro. The Institute for Supply Management said its non-manufacturing activity index rose to a reading of 57.8 last month from 56.9 in August. A reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of U.S. economic activity.

Trading recommendation: range 1.1742 -1.1830.

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.