Forecasts & opinions
Since the 18th of January 2017, it has been observed that the price was making higher highs and higher lows giving us the clue that the price might have been climbing to the upside. Based on the chart below it could be noticed that the price broke at 1.36418 level.
The trend line here seems to be broken for the first time, after a year and could give the impression that it is gaining momentum. Based on the Ichimoku system, it seems that we have a Kumo break out again for the first time after a year.
|remaining time till the new event being published|
- Germany: ZEW Indicator of Economic Sentiment rose sharply in March
- UK unemployment rate unexpectedly dropped to 3.9%
- UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
- Switzerland's trade surplus rose in February