Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an 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.

Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Tuesday March 04, 2025.

23:36 2025-03-03 UTC--6

With the appearance of Convergence between the EUR/USD price movement and the Stochastic Oscillator indicator on the 4-hour chart, it gives an indication that in the near future Fiber has the potential to weaken down to the level of 1.0416, but as long as the decline does not break and close below the level of 1.0322, the weakening that occurs later is only a correction and temporary, even potentially making Fiber strengthen up to the level of 1.0504 if this level is successfully exceeded and closes above it, it will make EUR/USD strengthen up to the level of 1.0543 and if the momentum of strengthening and volatility support it, 1.0592 will be the next target.

(Disclaimer)

Back to the list

ForexMart is authorized and regulated in various jurisdictions.

Tradomart SV Ltd. (Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.

Risk Warning:

Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.

Stock market analytics, financial forecasts

World-Class Trading Platform

Professional Customer Support

Best Execution