FORECAST BY MARIUS GHISEA- EUR/USD (March 29 – April 1)

The EUR/USD currency pair enters into a medium term uptrend. The price above EMA 50 indicates the uptrend. According to the stochastic oscillator, the price might rise until at least 1.1430 (Fibo 0.76).

EURUSDdaily-page-001

According to the 8 hour chart, the uptrend is still intact above EMA 200. The MACD will re-enter positive territory after a small retracement.

EURUSDh8-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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