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25.02.202116:07 Forex Analysis & Reviews: Evening review of EUR/USD on February 25, 2021

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 25.02.2021 analysis

EUR/USD

US unemployment claims sank by 100,000 to 730,000.

The long-term unemployment is almost unchanged at 4.419 million.

Meanwhile, orders for durable goods turned out very strong at +3.4%.

You may keep buying euro from 1.2145, with the target at 1.2300.

Sell from 1.2108.

Jozef Kovach
Analytical expert of InstaForex
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