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Main » 2019 » February » 27 » Forex forecast for today 02/27/2019: The US dollar fell slightly
Forex forecast for today 02/27/2019: The US dollar fell slightly


In recent days the US currency fell slightly against the euro, yen and pound. The pound inched up next optimistic expectations about Brexit. Will this dynamic start of something more substantial, will soon. Stats of the Day today is numerous, the most interesting releases - US labor market statistics according to the ADP and US orders for durable goods. 

EURUSD - the euro dollar was able to overcome the sales wall at 1.1370 and approached the level of 1.1400. Today's trading range EURUSD 1.1370-1.1400 in anticipation of the new movement.





GBPUSD - couples a break above 1.3200-20 zone and reached 1.3285-90. The nearest resistance level today is a mark of 1.3300, breaking it, the pair will go to 1.3350. 

USDJPY - the dollar weakened below 110.50, the new range will be here 110.20-110.60. 

EURCHF - a couple pulled up but 1.1400 while securely holding back growth. Range of 1.1360-1.1400. 

AUDUSD - Dollar fluctuations weakly reflected in the pair remain range 0.7160-0.7200. 

NZDUSD - 0.6900 mark continues to restrain growth, the range of 0.6870-0.6900. 

USDCAD - pair dropped from 1.3200, keeping the overall dynamics, the range of 1.3150-1.3190. 

Gold - a range of 1320-1330 will continue today. 

Brent crude - oil could be stabilized after a decline, the range of 65-66.

USDRUB - has stabilized above 65.50, the range today - 65.60-65.90. 

BTCUSD - consolidation of the range narrowed down to 3800-3850, activity is low.


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Forex analytics and forecasting Vasily Barsukov WELTRADE




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