The rapid spread of the coronavirus continues.
Western Europe is still the center of danger.
As of the morning of March 20, 247 thousand people, all over the world, have become infected with the virus. 86 thousand of those have recovered, while 10 thousand have died.
Italy: has 41,000 patients - cases increase by more than 10% per day.
Germany: has 15,300 patients.
Spain: has 18,000 patients.
France: has 11,000 patients.
Britain: has 3,200 patients.
US: has 14,000 patients - cases increase by more than 10% per day.
California has introduced a quarantine for its residents.
The pandemic shows no signs of slowing down. The number of coronavirus patients goes higher and higher. This is the result of governments' delay in implementing quarantine measures.
The markets are trying to adjust in this reality. So far, oil's decline has stopped, and it's price is now at $ 26.
The US market closed with growth for the second day.
After a huge fall, the pound managed to bounce back from 1.1400.
EUR/USD: the euro fell to 1.0655 on Thursday.
Now, the euro is trying to organize a rebound.
We were able to come out yesterday with profits around 1.0700.
We are waiting for a strong rebound to the top.
Be ready to sell from 1.0980.
