FUND Sell 28.03.2024 10:28
EUR/USD: EU consumer confidence index reflects expectations for improved economic outlook
The EUR/USD pair is moving in a corrective trend, trading at 1.0823.
FUND Sell 27.03.2024 09:15
EUR/USD: data from Gfk Group reflected an improvement in the consumer climate in Germany
The EUR/USD pair shows ambiguous trading dynamics, consolidating near 1.0830. the day before, the instrument attempted to demonstrate fairly active growth, continuing the development of Monday’s "bullish" momentum and managing to update the local highs of March 22.
TECH Buy 26.03.2024 08:19
EUR/USD: wave analysis
Growth is possible.
On the daily chart, the upward wave B develops, within which the first wave 1 of (А) of B formed, a downward correction ended as the second wave 2 of (А) of B, and the third wave 3 of (А) of B develops. Now, a correction has ended as the second wave of the lower level ii of 3, and the third wave iii of 3 is developing. If the assumption is correct, the EUR/USD pair will grow to the area of 1.1138–1.1276. In this scenario, critical stop loss level is 1.0693.