12.03.202617:16 Forex Analysis & Reviews: Trading Signals for EUR/USD on March 12-14, 2026: sell below 1.1591 (21 SMA - -2/8 Murray)

Relevance up to 11:00 2026-03-26 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 1.1539 with a bearish bias and is likely to continue falling in the coming days, potentially reaching the -2/8 Murray level around 1.1450 and even the lower band of the descending trend channel around 1.1430.

Given the euro's negative signal, at current price levels, we can look for selling opportunities with targets at the -2/8 Murray level. If this level is broken, we could continue selling with targets at 1.1430.

Conversely, if the euro consolidates above the 21 SMA or around 1.1591, we could expect a sharp break of the descending trend channel, which could change the outlook and lead to the euro returning to the 1.1840 level.

Since the euro is under bearish pressure, a pullback towards the -1/8 Murray level or the 21 SMA would be seen as a sell signal in the coming hours.

The eagle indicator is showing a negative signal, so we will continue selling until the price reaches significant support levels.

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.