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

29.02.202408:57 Forex Analysis & Reviews: Trading plan for EUR/USD and GBP/USD on February 29

Market dynamics remained the same despite the high volatility at the beginning of the week. Although dollar fell in price in the morning, it returned to its previous values by afternoon, largely due to the empty macroeconomic calendar. The second estimate of the 4th quarter US GDP also coincided with the first, which does not stimulate market sentiment.

The stagnation may continue today, as the upcoming jobless claims data will not have any impact on the market. After all, the total number will likely increase by only 12,000, while repeated claims will rise by 3,000.

Exchange Rates 29.02.2024 analysis

EUR/USD fell to the level of 1.0800 after a rise in the volume of long positions. This led to a rebound, which almost restored previously lost positions. However, nothing significant happened on the chart.

Exchange Rates 29.02.2024 analysis

GBP/USD shows a similar dynamic. Initially, a surge in short positions occurred, followed by a rebound. In this situation, the level 1.2700 serves as resistance, while the level 1.2600 serves as the support.

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

Mark Bom,
Analytical expert of InstaSpot
© 2007-2024
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.