Main Quotes Calendar Forum
flag

FX.co ★ Indicator Analysis for EUR/USD on March 13, 2025

parent
Forex Analysis:::2025-03-13T08:25:41

Indicator Analysis for EUR/USD on March 13, 2025

Trend Analysis (Fig. 1)

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward toward 1.0897 – the upper fractal (blue dashed line) – is possible.

Indicator Analysis for EUR/USD on March 13, 2025

Fig. 1 (Daily Chart)

Comprehensive Analysis:

  • Indicator Analysis – Downward
  • Fibonacci Levels – Downward
  • Volumes – Downward
  • Candlestick Analysis – Downward
  • Trend Analysis – Upward
  • Bollinger Bands – Upward
  • Weekly Chart – Downward

Overall Conclusion: Bearish Movement Expected

Alternative Scenario:

On Thursday, the market may continue declining from 1.0886 (yesterday's daily close) toward 1.0808 – the 23.6% Fibonacci retracement level (blue dashed line). From this level, the price may rebound upward toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line).

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...