Since the start of November 2nd the first business day of the month the dollar is in losing position. On the first business day of the month EURUSD was trading at 1.1630. For one full month the dollar loses 350 pips. It is slowly moving but constantly as today in the last day of November EURUSD is trading at 1.1982. Next month we are expecting confirmation from the U.S. Vote and if Biden is the new U.S. President, World-Signals.com expect to see EURUSD till the end of the year at levels of 1.24-1.25. The other version if Trump succeeds with the supreme court and is the new president EURUSD till the end of year 2020 is expected at levels between 1.18 and 1.22. So in the first part of December hold a long position and expect EURUSD at 1.2150.

The Bitcoin rally is on a step to make a new record from the last record of $19270 since December 2017. It is sure that in the next couple of weeks Bitcoin will set a new record above the last one since December 2017. The reasons are couple one is the corona crisis that makes the virtual payments attractive and prefer than rest other methods. Also many companies, banks and countries invest into virtual currencies and even develop their own crypto-currencies. Bitcoin will become attractive these days and World-Signals.com recommends if you hold Bitcoin to keep it for a new record at levels close to $27000 in January-February 2021. Also you can use the rally to enter into long positions as the resistance at the current record is easily vulnerable.

The news for the positive results from vaccine testing is like a trampling for the markets. The U.S. Market jumps to an absolutely records. Dow Jones reached to 30097 the first time over 30 000 ever. At the same time S&P 500 hit 3674 also first time record. The optimism push the Oil price (WTI) back to levels above $41 while at the same time the Gold down over $100 for 5-hours and the current trading is at $1882 instead $1963 the news before. According to World-Signals.com the chances for optimism about the end of corona crisis is far away. Nevertheless that the first use of the new vaccine is expecting till the end of 2020 it is not know the effect and probably the economy lock down will continue till the end of the winter season in the northern hemisphere of the Earth. Till then the Oil will remain at low levels and is expecting to back below $40 soon while the Gold will recovery above $1920 within 10-days time.