Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review

Today, for a single European currency, there will be a busy day. Firstly, the final data on the index of business activity in the manufacturing sector of Europe is coming out, which should confirm the preliminary estimate and showed the index decrease from 59.6 to 58.5. But a little later, the single European currency will have a chance to recoup due to data on unemployment, whose level should be reduced from 8.7% to 8.6%.

It is then followed by the U.S. statistics. The final data on the index of business activity in the manufacturing sector should confirm its growth from 55.5 to 55.9, but this is the only news that can be regarded as positive. It is expected that the number of applications for unemployment benefits will increase from 222,000 to 226,000, and from 1,875,000 to 1,930,000 from personal income. Alternatively, personal incomes may grow by 0.3 percent and expenses by 0.2 percent. For more than a month, incomes have grown faster than expenditures which indicate growing risks in the economy if combined with an increase in inventories and a decline in orders for durable goods.

The EUR / USD currency pair after the active downward trend has reached the value of 1.2180, which reflects a strong level of support. Now we see consolidation as an attempt to win back the level. They probably assumed a temporary bump, which, perhaps, will play into the hands of buyers as a result of the rollback to the area of 1.2250 / 1.2270. Positions for sale should be considered only after a clear fixation of the price below the level of 1.2150.

Exchange Rates 01.03.2018 analysis

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

Performed by Mark Bom,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

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.