empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
21.03.2025 12:02 PM
Forecast for EUR/USD on March 21, 2025
Open trading account Open demo account

On Thursday, the EUR/USD pair continued its decline and closed below the 200.0% Fibonacci retracement level at 1.0857. This suggests that the downward move may continue toward the support zone at 1.0781–1.0797. Trader activity is currently low, so a sharp drop on Friday is unlikely. However, the next target is the 161.8% Fibonacci level at 1.0734. At the moment, the bears are making weak attempts to break the prevailing bullish trend.

This image is no longer relevant

The wave structure on the hourly chart has shifted. The last completed downward wave did not break the previous low, while the last upward wave broke the previous peak—but only by a few points. This still points to the continuation of a bullish trend, though a reversal could be imminent, as bulls appear to be running out of steam. Donald Trump's tariffs had placed strong pressure on the dollar in recent weeks, but now bulls may also need a break.

Thursday's fundamental backdrop was noteworthy, although it mainly concerned the British pound. Nevertheless, traders continued to analyze Jerome Powell's comments from Wednesday evening and concluded that the latest round of the euro vs. dollar battle ended in the dollar's favor. The Fed did not signal a stronger dovish stance, and Powell reassured markets about the state of the U.S. economy.

In the second half of the day, the U.S. also released several minor reports, including new home sales (4.26M vs. 3.95M forecast) and the Philadelphia Fed Business Outlook Index (12.5 vs. 8.5 forecast). Both supported the U.S. dollar. Given the news flow, I believe the bears attacked too weakly. For now, they have not confidently broken the last low, so there are no clear signs of a bearish trend on the hourly chart.

This image is no longer relevant

On the 4-hour chart, the pair reversed in favor of the U.S. dollar following another bearish divergence. Currently, the pair has dropped to the 61.8% Fibonacci level at 1.0818. A rebound from this level would support the euro and lead to a recovery toward the 76.4% retracement at 1.0969. A close below 1.0818, however, would pave the way for a further decline toward the 50.0% Fibonacci level at 1.0696.

Commitments of Traders (COT) Report:

This image is no longer relevant

During the latest reporting week, professional traders opened 3,424 new long positions and closed 19,772 short positions. Sentiment among the Non-commercial group has turned bullish again—thanks to Donald Trump. The total number of long positions held by speculators now stands at 188,000, compared to 175,000 short positions.

For 20 weeks in a row, large players had been reducing their euro exposure, but now for five consecutive weeks, they've been cutting short positions and increasing longs. The ECB–Fed policy divergence still favors the U.S. dollar due to the interest rate differential, but Trump's policies are becoming the more dominant factor for traders, as they may have a dovish effect on Fed policy and even trigger a U.S. recession.

Economic Calendar for the U.S. and Eurozone:

March 21 brings no significant events. The news flow will not impact market sentiment today.

EUR/USD Forecast and Trading Tips:

Selling the pair was possible on a rebound from the 1.0944 level on the hourly chart, with targets at 1.0857 and 1.0797. These trades can remain open. Buying can now be considered, but I'm still concerned by the strong, nearly uninterrupted rally in the pair. I'm cautious about such one-sided moves and believe the trend is now shifting in favor of the bears.

Fibonacci levels are drawn from 1.0529–1.0213 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart.

Samir Klishi,
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
All Analytics
Wave analysis
Analysis for GBP/USD on March 26, 2025 The wave pattern for GBP/USD remains somewhat ambiguous but overall workable. There is still a high probability of a long-term bearish trend forming. Wave 5 has taken a clear shape
Chin Zhao
18:37 2025-03-26 +02:00
1150
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on March 26th (U.S. Session) Trade Review and Trading Advice for the Japanese Yen There were no tests of the designated levels during the first half of the day. During the U.S. session, a series
Jakub Novak
18:35 2025-03-26 +02:00
1165
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Signals for EUR/USD for March 26-28, 2025: sell below 1.0808 (21 SMA - 8/8 Murray)

According to the H4 chart, the euro appears oversold, and we believe that if EUR/USD finds strong support around the 8/8 Murray level at 1.0742 or 1.0690, it will
Dimitrios Zappas 15:13 2025-03-26 UTC+2

Trading Signals for GOLD (XAU/USD) for March 26-28, 2025: sell below $3,034 (21 SMA - 7/8 Murray)

Gold could continue its bearish cycle in the coming days. To confirm the downtrend, we should expect consolidation below 3,020, then the price could reach the 6/8 Murray at 2,968
Dimitrios Zappas 15:11 2025-03-26 UTC+2

Forex forecast 26/03/2025: EUR/USD, GBP/USD, Gold 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 10:35 2025-03-26 UTC+2

EUR/USD. March 26th. Bears Preparing for a New Attack

On Tuesday, the EUR/USD pair once again rebounded from the support zone of 1.0781–1.0797, but the bulls showed weakness due to the lack of a supportive news background. Today
Samir Klishi 10:32 2025-03-26 UTC+2

GBP/USD. March 26th. Inflation May Move the Pound

On the hourly chart, the GBP/USD pair continued to trade sideways on Tuesday, showing no reaction to the 1.2931 level. Therefore, a new close above or below this level will
Samir Klishi 10:29 2025-03-26 UTC+2

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday March 26, 2025.

It can be seen on the 4-hour chart that the AUD/JPY cross currency pair is moving in a Bullish channel harmoniously and is above the EMA (21) which also
Arief Makmur 09:34 2025-03-26 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index,Wednesday March 26, 2025.

20405.7 With the appearance of Convergence between the Nasdaq 100 index price movement and the Stochastic Oscillator indicator and the price movement of the index moving above the EMA (21)
Arief Makmur 09:34 2025-03-26 UTC+2

EUR/USD and GBP/USD March 26 – Technical Analysis

As the week begins, bearish players are trying to confirm and extend the prevailing downtrend, but they have yet to achieve strong results — The pair continues to stay close
Evangelos Poulakis 04:26 2025-03-26 UTC+2

EUR/USD. March 25th. A Dull Week Ahead

On Monday, the EUR/USD pair rebounded from the 200.0% Fibonacci retracement level at 1.0857, reversed in favor of the U.S. dollar, and declined toward the support zone of 1.0781–1.0797
Samir Klishi 18:04 2025-03-25 UTC+2

GBP/USD. March 25th. The Pound Moves Into a Sideways Range

On the hourly chart, the GBP/USD pair consolidated above the 1.2931 level on Monday, but the bulls failed to sustain the upward move and retreated. The pair subsequently moved back
Samir Klishi 17:58 2025-03-25 UTC+2

Top analytics

Relevance up to 05:00 2025-03-27 UTC--4
XAU/USD. Analysis and Forecast
11:54 2025-03-26
Fundamental analysis
Relevance up to 05:00 2025-03-27 UTC--4
EUR/USD. March 26th. Bears Preparing for a New Attack
11:32 2025-03-26
Technical analysis
Relevance up to 01:00 2025-03-27 UTC--4
Intraday Strategies for Beginner Traders on March 26
08:00 2025-03-26
Forecast
Relevance up to 04:00 2025-03-27 UTC--4
USD/JPY. Analysis and Forecast
11:42 2025-03-26
Fundamental analysis
Relevance up to 21:00 2025-03-26 UTC--4
GBP/USD Pair Overview – March 26: The Pound Isn't Even Trying. Inertial Growth Continues
03:40 2025-03-26
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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.