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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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