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Level and Target Adjustments for the U.S. Session – February 27th
Today, the euro and the British
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Today, the euro and the British pound performed well under the Mean Reversion strategy. I traded the Japanese yen using the Momentum strategy.Data from Berlin showed a decline in the number of unemployed, exceeding analysts' forecasts, which is traditionally a positive signal for the European currency, demonstrating the resilience of the eurozone's largest economy. This was followed by data on France's gross domestic product, which also showed growth—moderate, but above expectations. The combination of these two positive economic indicators boosted
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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