Analytical Reviews

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EUR/USD Forecast for March 14, 2025
22:53 2025-03-13 UTC--4

The euro has been declining for the third consecutive day, starting from Friday's drop, as it seeks support for consolidation or correction. During this correction, a pullback could extend down to 1.0667.

If the price chooses to stabilize until the Federal Reserve meeting on March 19, it is unlikely to fall below 1.0762. Overall, the uptrend does not seem to be finished, and we anticipate that the high from March 11 will be surpassed. The decline of the Marlin oscillator appears more as a cooldown from the overbought zone rather than a sign of reversal, suggesting further growth ahead.

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On the four-hour chart, the MACD line is approaching the price. If the price breaks below this line, which coincides with yesterday's low of 1.0823, it could lead to an extension of the decline towards 1.0762, marking the lower boundary of the expected range.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.