11.03.202510:41 Forex Analysis & Reviews: EUR/USD. Analysis and Forecast

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 showing signs of consolidation with attempts to push higher after last week's strong rally, which exceeded 4%. The pair's stability above the 200-day Simple Moving Average (SMA) at 1.0725 signals a willingness for further upside movement.

However, the RSI (Relative Strength Index) is in overbought territory, indicating a slowdown in momentum as bulls reassess their positions, and the market seeks new catalysts for further growth.

At the same time, the MACD continues to print bullish bars, which suggests sustained buying interest, albeit at a slower pace. This implies that in the short term, further upside could be limited unless new drivers emerge to support the rally.

Key Technical Levels

Support: The 200-day SMA at 1.0725 remains a critical support level, but before reaching this point, the psychological level of 1.0800 serves as an initial barrier. If the pair falls decisively below 1.0800, it could trigger a correction toward 1.0750.

Resistance: The pair has cleared the immediate resistance at 1.0850, but stronger obstacles lie near the 1.0900 psychological level, which could limit further gains in the absence of additional bullish catalysts.

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.