Do you want to get clues on the most important economic events this week? Are you interested in the markets’ movements that are anticipated this week? Watch our latest outlook on USD, EUR, GBP, oil, gold and more.
US dollar: forecast for March 27-31
On the daily chart, 50-day MA went below 100-day one – a bearish signal. The currency remains vulnerable to test 99.00 (psychological level, support line from 2016 low). In the case of a break below this point, we might see a decline to 98.55 (200-day MA). Resistance lies at 100.00 and 100.70.