Analytics

News, Trends, & Analytics 25.03.2020

The US may lift some antiviral restrictions

Today, the focus is on the fears of the Bank of England, the decline of COVID-19 in Italy, as well as the lifting of restrictive measures in the United States.

 

News

The Bank of England believes that the influence of coronavirus was stronger than the risks in ongoing stress tests. Affects FTSE 100


US airlines will receive $40 billion from the state. Affects Boeing


The death rate from COVID-19 in Italy shows signs of decline. Affects EUR


The United States may lift a number of restrictive measures introduced to counter the viral threat. Affects the S&P 500


The index of business activity in the UK services sector fell from 53.2 points to 35.7. Affects GBP

 

Calendar

09:00 GMT

The German IFO Business Climate Index will be released. The indicator is projected at 87.7 points. Deviation below the mark will provoke sales of EUR.


12:30 GMT

A report on the Core Durable Goods Orders in the United States will be published. If the data falls below -0.4%, the USD will receive a reduction driver.


14:30 GMT

There will be a report on changes in Crude Oil Reserves in the United States. Experts predict an increase of 2.9 million barrels. If the total is higher, Brent may return to a downtrend.

 

Technical Analysis

Basic dollar index

The decline of the dollar index is explained by the incentives that the Fed began to introduce. Also, injecting $2 trillion into the economy could lead to a jump in inflation, which ultimately affects the USD exchange rate.

Technical analysis of the index shows that it retains a tangible range of downward movement — at least up to 99.70.

NTA 25.03 - EN_0

Hang Seng

An inverted figure “head and shoulders” has formed on the chart, which can lead to an increase in quotes.

NTA 25.03 - EN_0

EUR / AUD

The currency pair may show the next cycle to increase to 1.8750.

NTA 25.03 - EN_0

 

EUR/AUD on this day in history

  • Since 2000, Mar. 25th has been a trading day 13 times.
  • On 54% of those days, the asset finished trading with growth.
  • The maximum strengthening range was 0.81%.
  • The downward trend was limited to 1.19%.
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