EUR/USD Technical Overview – March 11

From a specialized point of view, the bounce back from help set apart by 61.8% Fibonacci retracement dimension of the 1.0341-1.2556 up-move currently appears to face some new supply close mid-1.1210s, above which a new episode of short-covering could help the pair to head back towards recovering the 1.1300…

EURUSD Forecast, March 7

The EURUSD pair traded around 1.1300, powerless  to break in either direction, in front of the ECB meeting and the NFP data tomorrow. After a short test of the 1.1290/85 band earlier this week, EURUSD figured out how to recover a lukewarm buying interest and progress to the 1.13 handle…