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24.02.2025 10:26 AM
Technical Analysis for the Week of February 24-28: EUR/USD
ট্রেডিং অ্যাকাউন্ট খুলুন ডেমো অ্যাকাউন্ট খুলুন
অর্থ জমা
অর্থ উত্তোলন
Trend Analysis (Fig. 1)This week, the market may rise from 1.0459 (last week's closing price) toward 1.0573, which represents the 38.2% retracement level (yellow dotted line). If this level is tested, the price could continue its upward movement toward 1.0597, a historical resistance level (blue dotted line).

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Comprehensive Analysis

  • Indicator Analysis: Bullish
  • Fibonacci Levels: Bullish
  • Volume Analysis: Bullish
  • Candlestick Analysis: Bullish
  • Trend Analysis: Bullish
  • Bollinger Bands: Bullish
  • Monthly Chart Outlook: Bullish

Conclusion: Uptrend Expected

Based on comprehensive analysis, the EUR/USD pair is expected to maintain an upward trajectory throughout the week. The projected weekly candle is likely to form without a lower shadow (indicating an upward Monday movement) but may develop an upper shadow by Friday, signaling a possible pullback.

Alternative Scenario

If the pair rises from 1.0459 to 1.0532 (upper fractal, blue dotted line), it may then reverse downward toward 1.0480, which corresponds to the 14.6% Fibonacci retracement level (blue dotted line).

Stefan Doll,
Analytical expert of InstaTrade
© 2007-2025

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