17.02.202513:43 Forex Analysis & Reviews: EUR/USD – Analysis and Forecast

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.

The EUR/USD pair is struggling to sustain its recent upward momentum, facing difficulties in extending its gains. Currently, it is trading within a narrow range, just below the psychological level of 1.0500. However, spot prices remain close to three-week highs, indicating some resilience in the euro amid U.S. dollar weakness.

Technical Outlook

Positive oscillators on the daily chart continue to support bullish momentum. This could open the door for a test of 1.0545–1.0550, which aligns with the 100-day Exponential Moving Average (EMA). A break and consolidation above this resistance would strengthen the bullish case, potentially pushing the pair toward 1.0600.

If buyers manage to surpass the December 2024 high around 1.0634, it could further extend the recovery, which began from a more than two-year low in January.

Key Support Levels

On the other hand, 1.0450 (Friday's low) now serves as initial support. A decisive break below this level would expose the psychological barrier at 1.0400, followed by 1.0350. Failure to hold these levels may shift market sentiment in favor of sellers, with the next bearish target at 1.0200.

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.