Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: February 16

Wednesday, February 15, 2017 19:47
% of readers think this story is Fact. Add your two cents.

EURUSD Forecast    
The EURUSD attempted to push lower yesterday bottomed at 1.0521 but whipsawed to the upside, closed at 1.0598 and hit 1.0623 earlier today in Asian session. The bias is bullish in nearest term testing 1.0650. A clear break and daily close above that area could trigger further bullish pressure testing 1.0700 – 1.0750 area. Immediate support is seen around 1.0580. A clear break below that area could lead price to neutral zone in nearest term testing 1.0550/00 area. Overall I remain neutral.



We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • Ahmed

    EUR/USD at the moment is moving into weird trend, it will be hard to know where we are heading, so better to go with tight money management. I do just that, it’s easier under OctaFX broker and with their handsome list of features and facilities with the razor thin spreads starting at 0.1 pips to Islamic account helping with not having to pay overnight charges while there are several such features that just makes trading too easy and absolutely like able for all.

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.