Monthly technical analysis – March 2023

Global markets showed a lot of volatility and closed with significant losses last month. The bearish sentiment is driven by the release of hotter-than-expected US inflation data and hawkish comments from Federal Reserve policymakers.

EURUSD reversed the weekly gains.
Gold price retreats back to $1830 and Silver prices bears are hunting down.
Bitcoin (BTC) price struggling to regain momentum.
US dollar index (DXY) is back to above 105.

Check out the Monthly technical analysis here▶️