EUR/USD Struggles as Eurozone Data Deteriorates
FX spread betting video giving discussing the latest technical analysis for the EUR/USD and EUR/GBP following some disappointing French and German manufacturing figures, plus a look at the strategic levels for the gold bullion market.
Michael Hewson reviews chart patterns, trends, price targets and support and resistance levels for:
- EUR/USD – Being held near 100DMA at $1.30 but could target 200DMA at $1.2850
- EUR/GBP – Deteriorating Eurozone data may offset sterling weakness
- Gold – May see a rebound whilst still holding above $1,525
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Video content by Michael Hewson of CMC Markets
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