07.02.202506:37 Forex Analysis & Reviews: Trading Signals for EUR/USD for February 7-9, 2025: sell below 1.0419 (21 SMA - 200 EMA)

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

Early in the European session, the EUR/USD pair is trading around 1.0385, below the 200 EMA, and below the downtrend channel forming since January 20.

The market is waiting for the Nonfarm Payrolls to be published in the United States. If this data is positive, we could expect a strong fall in the euro and EUR/USD could reach 1.0253.

We could expect a strong technical rebound to occur around the area of 0/8 Murray as the euro is showing positive signals according to the Eagle indicator. Therefore, after this technical correction, the bullish cycle will resume.

On the other hand, if the euro falls below the 21 SMA located around 1.0371, the outlook will be negative and a technical correction could occur which will be seen as a signal to sell.

We believe that the euro could continue its fall in the next few hours. Thus, as long as it trades within the bearish trend channel, the outlook will be negative, but we must be careful with the data that will be published during the American session, as the report could trigger strong volatility.

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.