Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: March 15

Tuesday, March 14, 2017 15:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

EURUSD Forecast    
The EURUSD had a bearish momentum yesterday bottomed at 1.0599. Price closed a little bit below the H4 EMA 200 suggests a potential bearish outlook especially if price able to make a clear break below 1.0600 testing 1.0500 – 1.0450 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.0650. A clear break above that area could lead price to neutral zone in nearest term testing 1.0700 – 1.0750 region. Overall I remain neutral.



Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 1 comment
  • It looks good for further buy, but towards the end of the market, I think it will be better to just wait and watch instead of trying to make decision too early, as that can cause issues for us. I am always very watchful because I know I am able to gain good amount by just sticking to simply basics. I trade with OctaFX broker and with them; it’s pretty good with having Islamic account where I am not worried over swap and all that, it really gives me great platform to work around!

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.