12.03.202510:05 Forex Analysis & Reviews: Indicator Analysis: Daily Overview for EUR/USD on March 12, 2025

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Trend Analysis (Fig. 1)

On Wednesday, the market may start a downward movement from 1.0910 (yesterday's closing level), targeting 1.0861 – the 14.6% retracement level (blue dashed line). If this level is tested, an upward retracement toward 1.0947 (upper fractal, blue dashed line) may follow.

Fig. 1 (Daily Chart)

Comprehensive Analysis:

Indicator Analysis – Bearish
Fibonacci Levels – Bearish
Volume Analysis – Bearish
Candlestick Analysis – Bearish
Trend Analysis – Bearish
Bollinger Bands – Bearish
Weekly Chart – Bearish

General Conclusion:

A downward trend is expected.

Alternative Scenario:

If the price moves down from 1.0910, the next target will be 1.0808 – the 23.6% retracement level (blue dashed line). If this level is tested, an upward retracement toward 1.0861 (14.6% retracement) may follow.

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