empty
 
 
03.01.2020 10:50 AM
Trading plan on EUR/USD for January 3, 2020

This image is no longer relevant

According to media reports, a prominent Iranian General was killed in Baghdad by US forces during an operation. According to unofficial information, this operation was authorized by Trump - the United States strongly opposes Iran's actions in Iraq and Syria. Trump did not voice any messages, but tweeted the US flag after the operation. Meanwhile, Iran's top leader has promised retaliation.

Consequently, markets reacted nervously. Oil increased by 4% to $70 while gold rose to $1,543. Euro, on the contrary, continued to decline. Futures in the S&P500 fell after a new historic high on January 2.

EUR/USD: Despite the second day of decline, euro is still within the correction.

You can buy from 1.1145 and below.

Cancellation of the growth trend is below 1.1100.

Sell from 1.1065.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback