EUR/USD Forecast March 14, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 13 March 2016 06:57 UTC
The EUR/USD pair initially fell during the course of the session on Friday, turning back around to form a bit of a hammer. The hammer of course is a very bullish candle, so if we can break above the top of a believe that the market should continue to go higher, perhaps reaching to the 1.13 level given enough time. Ultimately, this is a market that certainly looks like it’s ready to break out to the upside, perhaps even going higher than we’ve recently seen and reaching towards the 1.15 level. We do not have any interest in selling at the moment.



Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.