27.02.202615:06 Forex Analysis & Reviews: Trading Signals for EUR/USD on February 27-28, 2026: buy above 1.1830 (200 EMA - 5/8 Murray)

Relevance up to 09:00 UTC--4

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The EUR/USD pair is trading around 1.1802 within a symmetrical triangle pattern formed since February 18. In the coming hours, the euro will likely continue to move within this pattern, awaiting a decisive breakout.

If there is a break above the downtrend channel and consolidation above 1.1840, we could expect the euro to return to 1.1962 and could even rebound to the psychological level of 1.2000.

On the contrary, if there is a sharp break below 1.1760, the outlook could be negative for the euro, and we expect it to reach the 4/8 Murray around 1.1718 in the short term. EUR/USD could eventually reach the lower band of the downtrend channel around 1.1660.

The Eagle indicator is showing a positive signal. So, there could be opportunities to buy within the symmetrical triangle pattern above 1.1770 and 1.1760 with targets at 1.1840 and 1.1962.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.