Today major EU economies has implemented or discussing new lockdown measures. Hence it is gonna affect investors behaviour who most likely gonna close their long positions and begin to search for new heavens. At the moment the US market looks like the most safe across markets.
So I am gonna present few conclusions that were based on above-stated news:
1. DXY gonna be stronger that EXY as investors gonna look for safety rather than profit.
2. Comparing to other types of instruments I find currencies the most attractive right know because in case of global uncertainty investors gonna cash. I also support Gold and Gas.
3.NASDAQ is gonna drive markets coming years if uncertainty does not disappear. The strongest survive. As the majority of tech service companies are the US residents, the US market most likely gonna win investors' faith.
Technically RSI has corrected indicating that price is ready to jump
So I am gonna present few conclusions that were based on above-stated news:
1. DXY gonna be stronger that EXY as investors gonna look for safety rather than profit.
2. Comparing to other types of instruments I find currencies the most attractive right know because in case of global uncertainty investors gonna cash. I also support Gold and Gas.
3.NASDAQ is gonna drive markets coming years if uncertainty does not disappear. The strongest survive. As the majority of tech service companies are the US residents, the US market most likely gonna win investors' faith.
Technically RSI has corrected indicating that price is ready to jump