By Andrew Spencer — Feb 26 - 10:08 PM
• Off 0.1% at the base of a 1.0473-1.0492 range with the USD up 0.15%
• Trump confirms Zelenskiy visit to sign a Ukraine minerals deal
• US and Ukraine enter the meeting looking for different outcomes
• EU vows swift, firm response after Trump says tariffs coming on EU imports
• Charts - neutral 5, 10 & 21-day moving averages, 21-day Bolli bands expand
• Mixed daily momentum studies - the daily signals show little bias
• Resilient 1.0534 2025 top, then the 1.0630 Dec 2024 high first resistance
• This week's 1.0453 low, then the Feb 19th 1.0401 base are first supports
• 1.0465/75 2.246 BLN and 1.0525 408 mln close strikes for Feb 27th
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters