FX.co ★ Evening review. April 17, 2020. EUR/USD. Institutions are driving the US market up

US indices will soon grow up to +2.5%.

The reason is Trump's statements about opening the US economy from quarantine as early as May 1.

Large companies will repurchase their own shares due to cheap liquidity.

Put option is recommended.

Investors must understand that the buying period will end, and the market will suddenly (unexpectedly!) notice that everything in the economy is not just bad, but terrible.

So, the market will fly down, leaving investors at a loss.

Now is not the time to buy in the US market. Selling, on the other hand, is quite appropriate. You can start selling right now, increasing your position after a 5-10% growth.

EUR/USD: Consolidation continues.

Open sell positions from 1.0765.

Open buy positions from 1.0990.