Analytics

First review of last week’s events:EUR/USD. The dollar has periodically changed its status since the start of the COVID-19 pandemic, becoming a safe haven currency or a risky asset for investors.

31.03.2021 EURUSD euro currency pair against the US dollar met the local target of a wave of decline – 1.1707. Today, we expect to create a scope for consolidation at current lows.

 EUR/USD four-hour chart. The currency pair continues to move downwards. Level 1.1780 (1/8) tested. So far, we don’t see reversal signals being created, so after adjusting the four-hour supertrend line, we expect the downward movement to resume and the stock to drop to the main support level of 1.1719 (0/8).

Forex Traders Reviews Fractal Analysis 26.03.202108:53 Forex Analysis: Fractal Analysis of Major Currency Pairs as of March 26 Relevance to 07:00 2021-03-27TC Dear colleagues.Euro/dollar

British pound was much less patient and barely updated the local minimum, began to return previously lost price values. So far so good.