TECH Sell 20.03.2023 08:23
EUR/USD: wave analysis
The price is in a correction and a fall is possible.
On the daily chart, the upward wave B develops, within which the entry first wave of the lower level 1 of (А) of B formed, and a downward correction develops as the second wave 2 of (А) of B. Now, the wave a of 2 has formed, and a local correction is developing as the wave b of 2, within which the wave (c) of b is forming. If the assumption is correct, the EUR/USD pair will fall to the area of 1.0325–1.0165. In this scenario, critical stop loss level is 1.0856.
FUND Sell 16.03.2023 12:04
EUR/USD: the dollar regained its leadership in the pair again
The EUR/USD pair is moving within a corrective trend, trading at 1.0600.
FUND Buy 15.03.2023 09:04
EUR/USD: the European currency is developing a weak uptrend
The EUR/USD pair shows a weak growth, developing an uptrend that formed in the middle of last week. The instrument is testing 1.0750 for a breakout, updating the local highs of February 14.
FUND Sell 09.03.2023 12:12
EUR/USD: US employment data may act as a driver for dollar strengthening
The EUR/USD pair has been falling for the second month, hitting three-month lows around 1.0525 this week.