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25.03.201908:52 Forex Analysis & Reviews: Weekly review of the EUR / USD pair from March 25 to March 30, 2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Trend analysis (Fig. 1).

Exchange Rates 25.03.2019 analysis

For this week, the price will move up with the first goal to the resistance line of 1.1335 (red bold line), which may be broken upwards but let's see what the indicator analysis will say.

Fig. 2 (weekly schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - neutral;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis - up;

- Bollinger lines - up;

- monthly schedule - down.

Conclusion of the complex analysis - upward movement.

The total result in calculating the EUR / USD currency pair candle on the weekly chart: the price is likely to have an upward trend with the absence of the first lower shadow for the weekly white candle (Monday is up) and the absence of the second lower shadow (Friday is up).

For this week, the price will move up with the first goal to the resistance line of 1.1335 (red bold line).

Stefan Doll
Analytical expert of InstaForex
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