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

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