Main Quotes Calendar Forum
flag

FX.co ★ Forecast for EUR/USD for April 1, 2019

parent
Forex Analysis:::2019-04-01T04:18:22

Forecast for EUR/USD for April 1, 2019

EUR/USD

Last Friday, the euro tried to get above the control technical level of 1.1234, but the bears stopped these attempts, the day closed with a black candle and thus the price consolidated below this level, which created another additional factor for the euro's further decline to Fibonacci lines: 1.1155 - 110.0%, 1.1075 - 123.6%, 1.0985 - 138.2%. The basic branch of the Fibonacci grid is taken at extremes on September 24 and November 12, 2018.

Forecast for EUR/USD for April 1, 2019

On the four-hour chart, the signal line of the Marlin oscillator enters the growth zone, which warns about the possibility of a false exit of the price over the control level of 1.1234, but in general, this does not change the situation.

Forecast for EUR/USD for April 1, 2019

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...