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FX.co ★ Evening review 04/13/2020. Epidemic: The west is starting to peak. EURUSD

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Forex Analysis:::2020-04-13T15:12:26

Evening review 04/13/2020. Epidemic: The west is starting to peak. EURUSD

Evening review 04/13/2020. Epidemic: The west is starting to peak. EURUSD

US market - growth is exhausted. Probably, we will now see a sharp long-term decline in US indices - there are no reasons for market growth and are also not visible.

Coronavirus: the west has passed the peak of the epidemic.

In Spain, the number of deaths per day fell below 500 - to levels on March 20. We expect a decrease in daily deaths in Italy. The growth of new cases in both countries is not higher than + 3% per day.

USA - Mortality fell from 2000 per day to 1500.

US authorities are already considering the option of weakening quarantine - but the risk is that a weakening of quarantine can cause a new increase in infection.

EURUSD: We keep purchases, stop at 1.0840.

Breakout purchases up to 10970.

Analyst InstaForex
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