Technical Analysis of the EUR/USD Pair for March 28

The pair is consolidating at the support level.

Technical Analysis
2019年3月28日

If yesterday the euro was still able to win back some of its positions against the pound, then it could not do it against the dollar and the Swiss franc. Unlike the single currency, the US dollar was able to strengthen against the basket of major currencies and the dollar index showed a moderate increase.

Today in the US we expect the publication of data on GDP growth. It is predicted that it will be 2.4%, which is 0.2% less than the previous figure and shows a slowdown in the economy.

At the moment the pair is consolidating at the support level of 1.1255 and has suspended its fall. Now we can expect growth from this position, however, the data coming out today from the eurozone may further weaken the single currency, sending it to the minimum near 1.1185.

We believe that we should expect a further drawdown on the pair and take short positions. We expect that the pair will soon head towards the 1.1215 and 1.1185 levels.

Aleksandr Yakovenko

Technical Analysis

EUR/GBP Technical Analysis

We can sell the pair today.

Anna Sneider
2019年3月28日

Technical Analysis

Technical analysis on the USD/CAD pair for March, 26

The pair is set to decline

Aleksandr Yakovenko
2019年3月26日

Technical Analysis

EUR/USD Technical Analysis

The pair is volatile today, but we can try selling it.

Anna Sneider
2019年3月25日