Trade Analysis & Reviews: 13.03.2025 - Indicator Analysis for...

13.03.2025 10:25 AM

Indicator Analysis for EUR/USD on March 13, 2025

Trend Analysis (Fig. 1)

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward toward 1.0897 – the upper fractal (blue dashed line) – is possible.

Fig. 1 (Daily Chart)

Comprehensive Analysis:

Indicator Analysis – Downward
Fibonacci Levels – Downward
Volumes – Downward
Candlestick Analysis – Downward
Trend Analysis – Upward
Bollinger Bands – Upward
Weekly Chart – Downward

Overall Conclusion: Bearish Movement Expected

Alternative Scenario:

On Thursday, the market may continue declining from 1.0886 (yesterday's daily close) toward 1.0808 – the 23.6% Fibonacci retracement level (blue dashed line). From this level, the price may rebound upward toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line).

You have already liked this post today

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

#EURUSD Technical analysis