Forex forecast on March 30 for EURUSD, GBPUSD, USDCAD, USDJPY

forecasts-justforex

During yesterday’s trading, the single currency continued to lose ground against the US dollar. The fall in the EUR/USD quotations exceeded 70 points. The currency found support at around 1.07400. The closest resistance is 1.07700 level. At the moment, the technical picture is ambiguous. We are waiting for statistics from the USA. Our past expectations have been confirmed. If the statistics from the US is positive, the fall in the EUR/USD quotes may continue. The potential of movement is to the round level 1.07000. An alternative may be an upward trend in EUR/USD to the level of…
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Forex forecast on March 24 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

Yesterday’s trading on EUR/USDwas very calm. The currency was in lateral movement with a range of 35 points. At the moment, EUR/USD is testing the 1.07800 mark. We are waiting for statistics from the USA. The MACD histogram is in the negative area, but above the signal line, which gives a weak signal to sell EUR/USD. We expect growth of the EUR/USD quotations. We recommend considering purchases to around 1.08500.
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Forex forecast on March 23 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

It is necessary to wait for the press conference of the FED chairman. We continue to believe that entry points to the market should be sought from key levels. If the price consolidates below the level of 1.07800, a correction on EUR/USD may develop to the support level of 1.07350. An alternative may be further growth of the EUR/USD quotations. The target level of movement is to 1.08500.
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Forex forecast on March 22 for EURUSD, GBPUSD, USDCAD, USDJPY

Forecasts by Justforex

We recommend to open positions from key levels. If the statistics from the US are positive, a correction on the EUR/USD currency pair may develop to the support level of 1.07350. An alternative may be further growth of the EUR/USD quotations. The potential of the movement is to 1.08500.
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Forex forecast on March 20 for EURUSD, GBPUSD, USDCAD, USDJPY

forecasts-justforex

We recommend to open positions from key levels. If the price consolidates below 1.07350, a correction may develop on the EUR/USD currency pair to 1.07000-1.06750. If the price overcomes the resistance level of 1.07800, growth of the EUR/USD quotes may continue. The potential movement is to 1.08250.
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