FORECAST BY MARIUS GHISEA – EUR/USD (September 21-25)

According to the daily chart, EUR/USD will fall. The price has already reached EMA 15 on the daily chart, which is a confirmation for the downtrend. A target for this pair in the medium-long term might be 1.1080 level.

EURUSDdaily-page-001

The EUR/USD currency pair will continue to fall on the 8 hour chart. A confirmation for the downtrend will be when the price breaks out of the the range at 1.1250. Also the MACD indicates the downtrend for this pair.

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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