The forecast from the company ForexMart (ForeksMart)
The forecast EUR / USD on 22 March.
The euro was able to grow in the region of 1.0778, but before the second goal, which was around the level of 1.0829, the pair get and could not. At the moment, the euro is trading near the 1.0803 level. RSI is reduced in the neutral region. MACD is in the positive area and, if the bars growing up, reflects a continuation of an upward trend. MA line is also signaled by the preservation of the current trend. Since an important resistance level is passed, we expect the growth to the level of 1.0829.
Forecast NZD / USD on 22 March.
The currency pair New Zealand Dollar / US Dollar patterns the "doji" on the daily chart at 0.7050 resistance line in the 38.2 Fibonacci. On the one hand we see the presence of uncertainty in the market, on the other consolidation in the strong resistance level in anticipation of the meeting with the RBNZ rate decision. Bears tend to lows and the bulls - the goal at 0.7150. Today we expect increased volatility in the trading instrument and signals that may clarify the situation in the pair.
Forecast USD / CAD at 22 March.
By the end of trading session on Tuesday, the Canadian dollar was able to reach a maximum of February, but then bounced up to the 1.3280 mark. The pair fell after the release of a positive report on the volume of retail sales in Canada and the general market increase in the cost of oil, the main export product of the country. Forecast for today involves a return to the pair in the 1.3327 uplink breaks the boundaries of its lower limit. Alternatively, you can consider a further drop in the pair and update the minimum values of the month.
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