empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

27.02.202405:14 Forex Analysis & Reviews: Forecast for EUR/USD on February 27, 2024

EUR/USD

S&P500 decreased by 0.38%, while the dollar index declined by 0.20%, thanks to a slight increase in government bond yields. Investors also expressed some confusion over the lack of agreements in Congress on the budget, which could lead to another partial government shutdown (starting from March 1). If the shutdown occurs, it will not necessarily lead to an automatic decline in dollar. Most likely, it will strengthen in the medium term as a safe-haven currency amid the decline in stock markets.

Exchange Rates 27.02.2024 analysis

On the daily chart, yesterday's rise in euro halted because of the balance line. The signal line of the Marlin oscillator also turned downward slightly. If the price settles below 1.0825, the pair will move towards 1.0724.

EUR/USD faces obstacles not only from the indicator lines but also from the target level of 1.0905. It needs to successfully surpass the level to continue the movement towards the target level of 1.1001 (peak on January 11).

Exchange Rates 27.02.2024 analysis

On the four-hour chart, the Marlin oscillator continues to experience pressure and may soon shift downward. However, the price remains above the indicator lines, so the pair may not decline yet. A downward move will occur only when the price settles below the support at 1.0825 and falls under the MACD line support at 1.0806, which coincides with the peak from February 12.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.