EURUSD price behavior forecast for March 2018

Hi there,

here is ForexTeam forecast for currency pair EUR USD  for March 2018.
Price increase is limited at 1.2350-1.2380, here is strong resistance level, if this price level holds than we can follow the price movement down to our first target 1.2050-1.20

Initial point of this price decrease started 2 weeks ago and now EUR USD in correction phase.

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Price forecast for EURUSD for 2 weeks ahead

Hello there,

ForexTeam is awaiting EURUSD price increase till 1.2380-1.24 with further decrease to 1.2130-1.21 price zone.
We will check this price behavior during the next week. Keep in touch!

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Mid-term eur usd – long

Hi there,

here is how we see eur usd price behavior for Mid-term period.
Now we can see active pullback from local high (3) till next support level (4) 1.1910-1.1850. From this level 1.1850  we expect move up to first target at 1.2168 and than to 1.2414.

Short term eurusd – SELL

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P.S. Headlines reporting that Chinese officials have recommended slowing or halting buying of US Treasuries

EUR USD flat canal 1.1880 – 1.1690

Hi there,

Well, EUR USD bears and bulls still playing ping-pong in flat canal 1.1880 – 1.1690.

If we see failure at price level 1.1880 than we should see the market retest price level at 1.1320.
Monthly close price will help us with further estimations and eurusd trading.

Good luck 😉