Forecast for EUR/USD on March 9, 2021
Forecast for EUR/USD on March 9, 2021
The euro continues to decline, the new target is the range 1.1688-1.1700.
Pregled Forex analiza
Forecast for USD/JPY on March 9, 2021
The yen is determined to reach a new target - 110.33.
Overview of the GBP/USD pair. March 9. The Belfast Agreement of 1998 could collapse at any moment.
The nationalist forces of Northern Ireland have warned the UK and EU authorities that they are temporarily withdrawing from the Good Friday agreement.
Overview of the EUR/USD pair. March 9. The increase in the yield of treasuries is a double-edged sword. The US dollar shows a corrective growth after an 11-month upward trend.
The European currency has been rising for 11 months against the dollar. Now is the time for correction. The prospects for the US currency in 2021 still look vague.
Forecast and trading signals for GBP/USD on March 9. Detailed analysis of yesterday's recommendations and the pair's movement during the day
The pound traded in a rather odd manner on Friday, but managed to form several trading signals at once within the day.
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Analytics and trading signals for beginners. How to trade EUR/USD on March 9? Analysis of Monday. Getting ready for Tuesday
The euro/dollar pair continued to move down on Monday without any preliminary correction.
NZDUSD remains vulnerable to a bigger pull back as price is about ot exit multi month bullish channel
NZDUSD broke below support at 0.7150 and is now trading at 0.7125. Price is very close to breaking out of the multi month bullish channel it is currently in. Trend change is not far from happening.
Gold challenges major trend line support
Gold price is trading below $1,700 and remains in a bearish trend. Price continues making lower lows and lower highs. Gold price is now testing a trend line support coming from $1,270 touching to major lows. Bulls hope this will be the third major low and price will reverse to the upside.
EURUSD reaches our first target but could fall even lower.
EURUSD has reached the 100% Fibonacci extension at 1.1860 and is now trading a bit lower. Price remains in a bearish trend and the RSI has still not reached oversold levels in the Daily chart. We might see a bounce soon but there are many chances this downward move has more ground to cover.
Ripple breaks short-term resistance
Ripple bulls have managed to recapture the $0.46 resistance level. Price continues to respect short-term support at $0.43 while bulls push price higher. Breaking above this resistance gives us target around $0.51 as we explained in previous posts. However the bigger picture remains unclear as.
March 8, 2021 : EUR/USD daily technical review and trade recommendations.
The price zone of (1.2040 down to 1.1990) corresponds to the previous Weekly Low which provided some temporary buying pressure.
However, this recent short-term upside movement has shown lack of sufficient buying momentum. Hence, upcoming downside movement is highly expected.
March 8, 2021 : GBP/USD Intraday technical analysis and trade recommendations.
Obvious Bearish rejection and a SELL Entry was suggested around this price zone.
Short-term outlook can turn into bearish if only the GBP/USD pair could maintain movement below 1.3900 which corresponds to 50% Fibonacci level.
March 8, 2021 : EUR/USD Intraday technical analysis and trade recommendations.
A recent bullish spike has pursued above 1.2150 - 1.2175 (backside of the broken channel limit) where bearish rejection was previously anticipated.
Further bearish decline was expected to pursue towards 1.1960 and 1.1850 which is currently being tested.
Analysis of EUR/USD on March 8, 2021. Is the euro preparing for a new upward wave?
The wave counting on the 4-hour chart still looks quite convincing and does not raise any questions. In my previous reviews, I have already said several times that I expect at least three downward waves to form, after which the Euro/Dollar quotes may resume increasing.
Euro is dominated by bearish sentiment. Pound prepares for a reversal
The labor market report released on Friday was strong, and the US Senate approved the proposed $1.9 trillion stimulus package. However, sales are still going on in the market of risky assets, against this background, the dollar managed to strengthen against the basket of competitors to almost a.
EUR/USD. March 8. COT report. Economic statistics from America finish off the European currency
The euro has weakened significantly in the last two weeks due to a combination of many factors. The strong pace of US economic recovery supports bear traders
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