05.03.202108:01 Forex Analysis & Reviews: Evening review of EUR/USD on March 3, 2021

Exchange Rates 05.03.2021 analysis

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.

Exchange Rates 05.03.2021 analysis

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

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