-
Forex Technical Major Pairs Analysis | March 08, 2024
chart The U.S. dollar index has officially fallen below the daily SMA 200 and also formed a lower low. The trend of the index was bearish before the interest rate announcement by the Fed. Due to current events, it seems that market players will ignore whatever is announced by the Fed and push the index further lower. It is possible that after the announcement there will be a sharp upward reaction and change the movement map of the U.S. dollar index. EUR/USD chart EUR/USD continued its strengthening after closing above 1.0900. The pair immediately reached the 1.1000 mark to test it. Because the trend is bullish, ... (full story)