Hi everyone. This observation is made around 06:50 UTC today, with 30 minutes time frames. The Resistance and Support Line were constructed according to Fibonacci retrenchment. Any discussion is welcomed.

The equity markets turned volatile on Friday, as cautious sentiment prevails, with investors continue to weigh on the slow progress in Russia-Ukraine ceasefire talks, FOMC’s latest hawkish tilt policy, the surge in oil and commodities prices, and coupled with worries over the COVID-19 situation in China.

We also does analysis for some other currencies. Read more on the website on TECHNICAL ANALYSIS and DAILY MARKET NEWS .

[EURUSD] The single currency was slightly weaker at $1.10914 on Friday, but still headed up 1.70% for the week, its first winning week in six. The continuation of optimistic peace talks even as fighting still rages in Ukraine has seen demand for safe havens like the dollar dry up. While sentiment for […]

Click here to view original article at www.forexpeacearmy.com

Invest In Yourself And Get Premium Analysis

Less than 20 cents a day
Major Currency Pairs Analysis
Forex Sentiment Analysis
Understand The Market
10 days money back guarantee

View Subscription Options

Would you like to connect?

Get notifications on new forecasts and articles.

Intraday Forex Friday, March 18 (EURUSD, USDJPY, etc). Dollar in doldrums as traders weigh Fed’s rate plan and continuation of peace talks in Ukraine.

Trending Forex Articles