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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Evening review of EUR/USD on March 3, 2021

analytics604116c6ddf08.jpg

S&P500

The US market is at the 50 MA. It is not falling at the moment.

The US unveiled its employment report. The number of unemployment claims advanced by 750 thousand reaching the average level of the previous weeks.

The number of continuous claims dropped by 100 thousand to 4.3 million.

analytics6041174576f47.jpg

EUR/USD

The euro is still keeping its positions despite a fall in the franc and the yen against the US dollar.

Sell positions could be opened from 1.1990.

Buy positions could be initiated from 1.2115.

The material has been provided by InstaForex Company - www.instaforex.com