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EURUSD Weekly Analysis – Sunday, Feb. 23
Article By: ForexCycle
Sunday, February 23, 2020 4:54 PM EST
EURUSD stays in a bearish price channel on the daily chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.0600 area.
In this article: FXE
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Forex And Cryptocurrency Forecast For February 24 - 28
Article By: Roman Butko
Sunday, February 23, 2020 1:31 PM EST
The dollar's advance has weakened the Euro by 440 points, losing almost 300 points, or 2.7%, in the last three weeks. Some attribute the dollar's move to its safe-haven status, while others think it peaks once the coronavirus epidemic is over.
In this article: FXE, FXB, FXY, UUP, BITCOMP
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Forex Forecast: Pairs In Focus - Sunday, February 23
Article By: Daily Forex
Sunday, February 23, 2020 12:55 PM EST
Gold in U.S. Dollar terms just made its highest weekly close in seven years. The weekly candlestick was very large and closed very close to its high. These are all bullish signs, and the price looks likely to rise further over the coming week.
In this article: FXE, FXA, FXY, GLD, UUP
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Weekly Forex Forecast - Sunday, February 23
Article By: Christopher Lewis
Sunday, February 23, 2020 11:53 AM EST
The Euro has spent most of the week following, but Friday had an explosive move to the upside. Ultimately, the market looks very likely to reach towards higher levels, but there is a significant amount of resistance.
In this article: FXE, FXB
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EUR/USD Forecast February 24-28 -Euro Dips To Lowest Level Since April 2017
Article By: Yohay Elam
Sunday, February 23, 2020 10:59 AM EST
The euro remains under pressure, and with confirmed cases of coronavirus in Italy and Germany, investor sentiment could head towards safe-haven assets. As well, the U.S. economy continues to outperform the eurozone.
In this article: FXE
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