EUR/USD Forecast February 24-28 | Forex Factory

  • EUR/USD Forecast February 24-28

    From forexcrunch.com

    EUR/USD reached out to higher ground, riding on uptrend support, but did not close at the highs. German Ifo Business Climate, German Retail Sales, and the all-important inflation figures are the main market movers this week. Here is an outlook on the major events and an updated technical analysis for EUR/USD.. The euro already made a nice break to a 6 week high, but could not sustain the gains. Worse than expected French PMIs. German sentiment and attempts to talk down the euro had temporary effects and provided dip buying opportunities. However, the growing notion that the ECB could act while the Fed isn’t likely ... (full story)

Comment Options
Adyreal
Feb 23, 2014 1:06pm
Permalink
Will not stop been bearish on EURUSD until I see a confirmed bullish signal.
Reply
PaulAmbrose
Feb 23, 2014 3:57pm
Permalink
Quoting adyreal
will not stop been bearish on eurusd until i see a confirmed bullish signal.
ibid . . . Eur down this week
Reply
donaldkeram
Feb 24, 2014 1:04am
Permalink
i think there's no big move in this week, nothing special, price still in daily ranging
Reply
Trader#7DDB
Feb 24, 2014 1:31am
Permalink
Quoting PaulAmbrose
ibid . . . Eur down this week
I agree, eur bearish this week as it has had quite a bullish trend.
Reply
  • Story Stats