Forecasts by Justforex

Forex Forecast on March 02 for EURUSD, GBPUSD, USDCAD, USDJPY

Currently, EUR/USD is testing the support of 1.05300. The market has become more optimistic about the possibility of increasing interest rates at the next Fed meeting. If data on inflation in the euro area is positive, a correction may develop in EUR/USD to the resistance level of 1.05850. An alternative could be a continuation of the downward trend to the level of…
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Forecasts by Justforex

Forex Forecast on March 01 for EURUSD, GBPUSD, USDCAD, USDJPY

At the moment sales prevail on the EUR/USD currency pair. The euro is testing the support level of 1.05300. The previous forecast was confirmed. We believe that the downward trend in the EUR/USD currency pair may continue. One should consider selling to the mark of 1.05000-1.04750.
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