Monthly Archives: March 2018

Daily Technical Report 19 March 2018

EUR/USD is decreasing following recent rise at 1.2336 and expected to decrease along the 1.2250 range. Hourly support and resistance are given at 1.2165 (17/01/2018 low) and 1.2537 (31/01/2018 high). The technical structure suggests short-term decrease. • In the longer term, the momentum is tu…

Weekly Forex Forecast (March 19 – 23, 2018)

The EURUSD reached our target at 1.2275 on Friday. I mentioned the break below 4-hour wedge support on Thursday when the single currency was trading at 1.2338.

Although it made for a decent trade, a much bigger opportunity is brewing.

I’ve maintained for several weeks now that the price action…