28.02.201910:18 Forex Analysis & Reviews: Data on US GDP can harm the dollar. Forex Market Forecast for February 27

Long-term review

Signals for the EUR / USD pair:

A breakout on the level of 1.1403 will lead to the growth of the euro in the level of 1.1432 and 1.1459. On the other hand, a breakdown to 1.1368 will lead to the sales of the euro in the area of 1.1348 and 1.1317.

Signals for the GBP / USD pair:

A breakout on the level of 1.3346 will lead to an increase in the pound in the area of 1.3386 and 1.3440. Alternately, a breakdown to 1.3266 will lead to the sales of the pound in the area of 1.3204 and 1.3144.

Fundamental data:

Revision in GDP in Italy

Consumer Price Index in Italy

French Consumer Price Index

German Consumer Price Index

Changes in GDP for the quarter US

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
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.

  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
Can't speak right now?
Ask your question in the chat.