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Euro Forecast: Outlook for EUR/USD Turns Bearish
Euro Forecast: Outlook for EUR/USD Turns Bearish

Mar 15, 2020 7:00 AM +05:00
Martin Essex, MSTA, Analyst
EURUSD Chart
FUNDAMENTAL EURO FORECAST: BEARISH
EUR/USD reversed direction last week as it turned sharply lower in response to a decision by the European Central Bank to keep Eurozone interest rates unchanged rather than cut them as most traders and analysts had expected.
The ECB’s decision raised fears that it is failing to respond sufficiently to the threat of an economic recession prompted by the Covid-19 coronavirus pandemic.
The downturn in EUR/USD may therefore continue even though the US Federal Reserve is expected to cut US interest rates again this week to help stimulate the US economy.
EURO PRICE TO WEAKEN FURTHER?
The Euro was undermined last week by a European Central Bank decision to keep all its key interest rates unchanged. Even though it announced several other measures to ease monetary policy, many traders and analysts – who had been expecting rate cuts – were dismayed, and that is likely to prompt further selling of EUR/USD in the week ahead.

The ECB decision disappointed Euro bulls because it was interpreted by many as a failure to respond sufficiently to the economic threat posed by the Covid-19 coronavirus pandemic, instead increasing pressure on Eurozone governments to ease fiscal policy.

Eur/Usd price is holding very well above this resistance level and if you see closely last few daily candles then you can see that price is rejecting from this support level so,
I think now we should look for the bullish opportunities for further bullish movement. If the price breaks this level then we should look for the bearish opportunities below this support level.

hello my dear friends how are you , I hope you will be fine everyday

I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.

Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .

BUY position is better choice now, you can set target profit level 35 pips from current price

that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.

bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

this pair can continue bullish trend today and there is possible chance price will move to up side.

Eur / usd की जोड़ी के लिए। यह जोड़ी 1.1110 पर और दिन के शुरुआती स्तर 1.1180 के नीचे कारोबार कर रही है। यदि कीमत 1.1130 के स्तर से ऊपर है, तो मुझे उम्मीद है कि यह जोड़ी 1.1150 के स्तर तक बढ़ेगी और 1.1180 के स्तर पर हो सकती है। यदि यह जोड़ी 1.1100 के स्तर से नीचे जाती है तो यह 1.1080 के स्तर पर जाएगी और 1.1055 के स्तर पर हो सकती है।
यह जोड़ी दैनिक धुरी और मुख्य ट्रेंड लाइन ma72 से नीचे कारोबार कर रही है, m15 पर संकेतक दक्षिण को दर्शाते हैं, इसलिए मैं अभी भी दक्षिण में हूं, लेकिन मैं 1.1100 के टूटने के स्तर की प्रतीक्षा कर रहा हूं, अन्यथा मुझे एक पुलबैक की उम्मीद है।

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.

Eur/Usd > Bearish

PIVOT POINT > 1.1126

S1 > 1.1063

S2 > 1.1024

S3 > 1.0960

R1 > 1.1190

R2 > 1.1229

R3 > 1.1292

once in the prediction of several indicators for daily analysis

great day dear all member today because market trend is Upward that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BULLISH TREND

then I recommend you to do the open position BUY with some criteria such as the following. fundamental analysis or technical analysis ko dekhte howey or market me ajj k din ki sport or resistence ko follow karte howey market ki postion main. market ke hisab se ap TP or SL set kr sakte hain umed krta hun ap ko mere analysis se fida ho ga or achi earning bhe ho ge ap logo ko. indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye

forex trading is a good way to make money from home, no doubt, but for that you need some special skills as patience is the key in the Forex market. trader must remain calm and calm in the market while losing several trades

market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish

Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading Up trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading

Forex (Foreign Exchange) pairs like EUR to USD . If you are looking for foreign exchange rates with good return, EUR to USD can be a bad, high-risk 1-year investment option. EUR/USD rate equal to 1.112 at 2020-03-16, but your current investment may be devalued in the future.

it seems that will still go up, if this pair currency has shown its strength, we can open BUY with a target at second resistance.and possibly will rise, hopefully what we try can produce, and if there are mistakes we hope we can evaluate and improve well, keep money management well and don't forget to start our trading by praying first, so that it can run well, sometimes market are moving with slowly but sometimes are highly moving.hopefully everything is facilitated and can be a blessing for us all, hope you make more profit and earn much more better as other benefits as well.

forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.

trader feel very reliable by working here and can do it as a part-time or full-time job, just by sitting at home you can earn money.