FORECAST BY MARIUS GHISEA (APRIL 27- MAY 1)

According to the monthly chart below, EUR/USD is in downtrend for medium-long term.

EURUm2-page-001

At this moment, the daily chart indicates a retracement for this pair. According to MACD, this retracement will end soon. If price goes down to 1.0750, EUR/USD will be again in downtrend.

EURUSD daily.png-page-001

MariusG
Marius Ghisea – fund manager and advisor for institutional and individual investors. 11 years experience in forex market. Marius G. provides advices for long term investors with low risk strategies investments. Technical analyst at ProfitF.com ( Go to Ghisea Marius Facebook group >>> )
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