empty

You are about to leave

www.instaforex.eu >

a website operated by

INSTANT TRADING EU LTD

Proceed

Contact Us

InstaForex Loprais Team - Official participant of the Dakar rally

Trading Conditions

Products

Tools

Charts

OYS Portfolios

Synthetic shares

Synthetic ETFs

Shares Basket

Guide to Forex

Getting Started?

Training

Open Demo Account

Forex Analytics

Calendars

Take a Break

Affiliate programs

Contact Us

Forex Informer

Company News

Awards

InstaSport

Regulation

Premium liquidity

Why Choose Us

InstaForex Loprais Team - Official participant of the Dakar rally

For Traders

Analytical Reviews

Technical analysis

13.03.202317:03 Forex Analysis & Reviews: Technical analysis on EURUSD for March 13th, 2023.

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.

Exchange Rates 13.03.2023 analysis

Black line- support trend line

EURUSD is trading around 1.07. In a previous analysis we noted the potential bearish patter of a head and shoulders formation. Price since then has not activated the bearish pattern as the neckline support was respected. Price bounced off the neck line support last week when it tested the 1.0525 support. Since then price is making new higher highs. Is this a right hand shoulder under formation? Recent price action has confirmed the importance of the black support trend line. As long as price is above this level bulls are still hoping for a move towards 1.09.

Alexandros Yfantis
Analytical expert of InstaForex
© 2007-2025

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.

Fundamental analysis

EUR/USD. Analysis and Forecast Today, the EUR/USD pair is consolidating near the key psychological level of 1.0800, showing no intention of retreating below 1.0780 as traders and investors await the release of the U.S

11:45 2025-03-28 +02:00

1660

Fundamental analysis

Markets at a Crossroads Ahead of Tariff Announcement by D. Trump (Possible Decline in CFD Contracts on #SPX and #NDX Futures) Markets are now fully convinced that the U.S. President will follow through on his plans to implement severe customs tariffs aimed at closing the domestic market and, in doing

11:39 2025-03-28 +02:00

1555

EUR/USD Analysis – March 28th The wave structure on the 4-hour chart for EUR/USD threatens to evolve into a more complex formation. A new downward structure began forming on September 25, taking the shape

20:10 2025-03-28 +02:00

1795

GBP/USD Analysis – March 28th The wave structure of the GBP/USD instrument remains somewhat ambiguous, but overall digestible. At this stage, there is a strong likelihood that a long-term downward trend segment is forming. Wave

20:07 2025-03-28 +02:00

1585

USDJPY: Simple Trading Tips for Beginner Traders on March 28th (U.S. Session) Trade Analysis and Tips for Trading the Japanese Yen The test of the 150.75 level occurred when the MACD indicator had already moved significantly below the zero line, which limited

20:04 2025-03-28 +02:00

1570

GBPUSD: Simple Trading Tips for Beginner Traders on March 28th (U.S. Session) Trade Analysis and Tips for the British Pound The test of the 1.2950 level occurred just as the MACD indicator began to rise from the zero line, confirming a valid

20:00 2025-03-28 +02:00

1510

EUR/USD: Simple Trading Tips for Beginner Traders on March 28th (U.S. Session) Trade Analysis and Tips for the Euro The price test at 1.0785 occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward

19:57 2025-03-28 +02:00

1435

GBP/USD: Trading Plan for the U.S. Session on March 28th (Review of Morning Trades) In my morning forecast, I focused on the level of 1.2964 and planned to make market entry decisions based on it. Let's look at the 5-minute chart and break down

Miroslaw Bawulski

19:54 2025-03-28 +02:00

1495

EUR/USD: Trading Plan for the U.S. Session on March 28th (Review of Morning Trades) In my morning forecast, I highlighted the level of 1.0801 and planned to base my market entries on it. Let's look at the 5-minute chart to see what happened

Miroslaw Bawulski

19:52 2025-03-28 +02:00

1435

Technical analysis

Trading Signals for GOLD (XAU/USD) for March 28-31, 2025: sell below $3,078 (technical correction - 21 SMA) Important support is located around the 21 SMA at 3,035. This level coincides with the bottom of the uptrend channel, which could suggest a technical rebound in the coming days

Dimitrios Zappas

15:12 2025-03-28 +02:00

1810

Technical analysis

Trading Signals for EUR/USD for March 28-31, 2025: sell below 1.0775 (21 SMA - 6/8 Murray) Early in the American session, the euro is trading around 1.0771, below the 21SMA, and within the downtrend channel forming since March 14. The bias is bearish. Yesterday, EUR/USD attempted

Dimitrios Zappas

15:09 2025-03-28 +02:00

1480

Analytical News

Trump pulls strings — stock market sinks in response Auto stocks tumble after Trump's tariff strike. Advanced Micro Devices slips. Jobless claims rise to 224,000. Dollar strengthens against Canadian dollar, Mexican peso. S&P 500 -0.33%, Nasdaq -0.53%, Dow -0.37%

12:46 2025-03-28 +02:00

1480

Analytical News

US Market News Digest for March 28 The White House imposed 25% tariffs on automobiles and parts, triggering a sell-off in the auto manufacturing sector and broad declines in major stock indices. The Dow Jones, S&P

Irina Maksimova

12:24 2025-03-28 +02:00

1540

Fundamental analysis

AUD/USD: Analysis and Forecast The AUD/USD pair continues its sideways consolidation, remaining within a familiar range near the key psychological level of 0.6300. This movement is driven by several factors impacting global market sentiment

12:16 2025-03-28 +02:00

1570

Technical analysis

EUR/USD. March 28th. Bears Retreat, but Haven't Surrendered On Thursday, the EUR/USD pair rebounded from the 161.8% Fibonacci retracement level at 1.0734 and rose to the resistance zone of 1.0781–1.0797. A rebound from this zone would favor

11:48 2025-03-28 +02:00

1840

Fundamental analysis

EUR/USD. Analysis and Forecast Today, the EUR/USD pair is consolidating near the key psychological level of 1.0800, showing no intention of retreating below 1.0780 as traders and investors await the release of the U.S

11:45 2025-03-28 +02:00

1660

Fundamental analysis

Markets at a Crossroads Ahead of Tariff Announcement by D. Trump (Possible Decline in CFD Contracts on #SPX and #NDX Futures) Markets are now fully convinced that the U.S. President will follow through on his plans to implement severe customs tariffs aimed at closing the domestic market and, in doing

11:39 2025-03-28 +02:00

1555

EUR/USD Analysis – March 28th The wave structure on the 4-hour chart for EUR/USD threatens to evolve into a more complex formation. A new downward structure began forming on September 25, taking the shape

20:10 2025-03-28 +02:00

1795

GBP/USD Analysis – March 28th The wave structure of the GBP/USD instrument remains somewhat ambiguous, but overall digestible. At this stage, there is a strong likelihood that a long-term downward trend segment is forming. Wave

20:07 2025-03-28 +02:00

1585

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Turn "Do Not Track" off