Monthly EURUSD Analysis March 2024

 Monthly EURUSD Analysis March 2024

I have noticed a reversal in the EUR/USD prices in the larger time frames during the past days and weeks, shifting from a downward to an upward trend. In this article, I will outline my predictions for EUR/USD prices in March 2024.

Monthly EURUSD Analysis March 2024
 Monthly EURUSD Analysis March 2024


In the article, I will refer to:

  1. EURUSD Analysis March 2024 1D analysis
  2. EURUSD Analysis March 2024 4H analysis
  3. Entry Area on EURUSD

1.EURUSD Analysis March 2024 1D analysis

I anticipate some downward correction in EUR/USD prices in the daily time frame before resuming the upward movement, as illustrated in the chart below in the daily time frame. I expect a corrective decline in the EUR/USD pair at the beginning of March towards the demand zone at 1.0780.

EURUSD Analysis March 2024 1D analysis
EURUSD Analysis March 2024 1D analysis


2.EURUSD Analysis March 2024 4H analysis

In the four-hour time frame, I anticipate EUR/USD prices in March, as shown in the chart below, to visit the demand zone at 1.0780 before continuing the upward momentum and recovery against the US dollar.

EURUSD Analysis March 2024 4H analysis
EURUSD Analysis March 2024 4H analysis


3.Entry Area on EURUSD

Buy limit : 1,0781
Stop loss:1,0760
Take Profit : 1,0868

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