Negative macroeconomic statistics from Germany | 29 11月 2019

29 11月 2019, EUR/USD

EURUSD trading plan:

Negative macroeconomic statistics from Germany signal a bearish trend. Cheap heating and low fuel prices contribute to the decline in the consumer price index. This is a negative signal for the Euro zone economy. The benchmark German 10-year Government yield to its lowest since Nov. 1 We are expecting a decline in quotations of precious metals which will have a negative impact on the value of the Euro. The Euro and gold are correlated. Investors are increasing short positions in the precious metals market after positive US-China trade talks.

Trading recommendation: Sell 1.1015 and take profit 1.0988.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.