For Traders

Analytical Reviews

Review

01.03.202116:54 Forex Analysis & Reviews: Outlook on EUR/USD for March 1, 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.

EUR/USD

The morning positive news on the EU did not support the euro.

The euro is under pressure after the US Congress passed a huge $1.9 trillion stimulus package.

This package will boost economic growth and raise yields in the US - with which there is an overflow of capital.

The US ISM is expected to be released at 10:00 EST.

You may keep euro sales from 1.2108.

Stop at 1.2153.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.