News, Trends, & Analytics 19.03.2020

The number of patients with coronavirus is growing

Today in the spotlight — Boeing asks for help, Nintendo introduced new products, as well as the ongoing negatives in the markets.



The Japanese company Sharp sued Tesla for patent infringement. Affects Tesla

Boeing asks the state for $60 billion to support the aerospace industry. Affects Boeing

Nintendo has announced the release of 16 new games. Affects Nintendo

Canada’s Consumer Price Index rose unexpectedly. Affects CAD

The coronavirus pandemic continues to pick up pace worldwide. Affects Brent



12:30 GMT

An updated index of production activity from the Federal Reserve Bank of Philadelphia will be released. A forecast of 10 points. If the real data is lower, USD will decline.


Technical Analysis


Short-term growth oil returned to its downtrend. The main driver is reports of a decrease in business activity around the world, as well as difficulties in the storage of black gold.

Judging by the Fibonacci fan, stretched by the local minimum and maximum, we can still see Brent quotes in the region of $27 per barrel.

NTA 19.03 - EN_0


The asset gives an excellent signal to sell the asset. The graph is again trying to storm the resistance level of 1.58000, but the situation in the EU is unlikely to allow the euro to continue to grow.

NTA 19.03 - EN_0


Follow this action, because its price can increase significantly, despite the coronavirus. A buy signal will be a breakdown of the downward resistance level.

NTA 19.03 - EN_0


EUR/CAD on this day in history

  • Since 2000, Mar. 19th has been a trading day 15 times.
  • On 42% of those days, the asset finished trading with growth.
  • The maximum strengthening range was 2.14%.
  • The downward trend was limited to 0.71%.
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