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

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: February 23

Wednesday, February 22, 2017 19:35
% of readers think this story is Fact. Add your two cents.

EURUSD Forecast    
The EURUSD attempted to push lower yesterday bottomed at 1.0493 but closed higher at 1.0557. The bias is neutral in nearest term probably with a little bullish bias testing 1.0600/20 area. Immediate support is seen around 1.0520/00 which remains a good place to buy with a tight stop loss as a clear break and daily close below that area would expose 1.0400 – 1.0350 region. On the upside, a clear break and daily close above 1.0600 would expose 1.0680 – 1.0700 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

    EU is really working downside with Dollar unbelievably looking in better zone than Euro; it has caused the price to move down. But, it will be hard to say where it is going to lead next, so just got to be on the toes to get it going. I do it with confidence under OctaFX, as they are special with wide range of features and facilities from small spreads to high leverage up to 1.500 while they also have got fascinating cash back scheme to give 50% back on all trades even if they are lost.

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.