empty
24.03.2025 05:20 AM
EUR/USD Forecast for March 24, 2025

Last Friday, EUR/USD pierced the 23.6% Fibonacci retracement level with a lower shadow and then sharply reversed to the upside, continuing to rise into Monday morning. The Marlin oscillator appears to have stopped its decline and is also turning upward.

This image is no longer relevant

If the upward move is confirmed on lower timeframes, the rally may extend toward the recent high at 1.0955 and then further to 1.1027 — the September 3, 2024 low.

On the H4 chart, the Marlin oscillator is about to enter positive territory.

This image is no longer relevant

Once the price consolidates above the intermediate level of 1.0862 (Friday's high), the uptrend may continue toward the first target of 1.0955. A drop below the support level 1.0762 would open the path toward the next target at 1.0667, close to the 50.0% Fibonacci retracement level.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on June 24, 2025

On Monday, the EUR/USD pair on the hourly chart performed two rebounds from the 76.4% Fibonacci retracement level at 1.1454, reversed in favor of the euro, and rose

Samir Klishi 10:48 2025-06-24 UTC+2

Forecast for GBP/USD on June 24, 2025

On the hourly chart, the GBP/USD pair on Monday rebounded from the support zone of 1.3357–1.3373, reversed in favor of the British pound, and consolidated above the 1.3425–1.3444 zone

Samir Klishi 10:44 2025-06-24 UTC+2

EUR/USD Forecast for June 24, 2025

On Monday, the euro successfully broke through the linear resistance at 1.1535 and the MACD line. From the opening of the Pacific session, the price continued to rise steadily toward

Laurie Bailey 04:51 2025-06-24 UTC+2

GBP/USD Forecast for June 24, 2025

GBP/USD The bulls in the British pound forcefully overcame the pressure from the bears, who had been anticipating the 1.3208 target. However, at this point, the resistance of the MACD

Laurie Bailey 04:47 2025-06-24 UTC+2

USD/JPY Forecast for June 24, 2025

USD/JPY The technical picture on Monday may shape future developments in the medium term. The week began with a gap up, followed by the formation of a long upper shadow

Laurie Bailey 04:44 2025-06-24 UTC+2

USD/JPY. Analysis and Forecast. Current Market Situation

From a technical perspective, as bulls have overcome the barrier of the 100-day Simple Moving Average (SMA) around the 146.80 level, they remain in control. Buying beyond the psychological level

Irina Yanina 17:53 2025-06-23 UTC+2

Trading Signals for EUR/USD for June 23-28, 2025: buy above 1.1460 (21 SMA - 6/8 Murray)

On the contrary, this area around the 21SMA, located at the psychological level of 1.15, is key. Below this area, we could expect a sharp breakout of the uptrend channel

Dimitrios Zappas 16:34 2025-06-23 UTC+2

Trading Signals for GOLD (XAU/USD) for June 23-28, 2025: buy above $3,350 (21 SMA - 7/8 Murray)

If gold continues its recovery and settles above the 21 SMA at 3,364, this could be seen as a buying opportunity with targets at 8/8 Murray at 3,437. The metal

Dimitrios Zappas 16:23 2025-06-23 UTC+2

Forex forecast 23/06/2025: EUR/USD, GBP/USD, USDX, Oil, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 12:08 2025-06-23 UTC+2

Technical Analysis for the Week of June 23–28: GBP/USD Currency Pair

Last week, the pair moved downward and tested the 14.6% pullback level at 1.3392 (red dashed line), after which the price rebounded and closed the weekly candle at 1.3446

Stefan Doll 11:38 2025-06-23 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.