empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

07.03.202507:09 Forex Analysis & Reviews: EUR/USD Forecast for March 7, 2025

Yesterday's 0.25% rate cut by the European Central Bank tempered the euro's bullish momentum, with the day closing just 4 pips higher. Today, the U.S. non-farm payrolls (NFP) report for February will be released, with the consensus expecting 159,000 new jobs, up from 143,000 in the previous month.

Exchange Rates 07.03.2025 analysis

Based on existing data on jobless claims and layoff rates, the employment figures are likely to align with forecasts. The key question is whether they will be strong enough to shift market control in favor of the U.S. dollar. If we assume a scenario where the medium-term uptrend continues, a correction to 1.0667—which coincides with the 38.2% Fibonacci retracement of the entire four-day rally—seems warranted. If the data supports the dollar, a decline to this level is expected. A confirmed break below 1.0667 would signal the start of a medium-term downtrend for the euro, with further confirmation coming from a move below 1.0534.

If the U.S. data disappoints and the price breaks above 1.0882, the technical outlook will become much more complicated, increasing the likelihood of further euro strength.

Exchange Rates 07.03.2025 analysis

On the H4 chart, the price has already attempted to retest 1.0762 from above. A firm move below this level would open the way toward 1.0667. The Marlin oscillator's signal line has turned sharply downward, indicating growing bearish momentum. The price appears to be aligning with the MACD line, and this move could extend down to 1.0667. If the price breaks through the 1.0667 support level and the MACD line, the probability of a trend reversal will increase significantly.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.