Euro trying to recover 13/2/2025

EUR/USD Price Analysis

The EUR/USD pair maintained an upward trend in the last session, breaking the 1.0400 psychological resistance and reaching a high of 1.0430.

Technical Outlook:

• Bullish Indicators:
  • Moving averages provide a positive incentive for further gains.
  • Trading is stable above 1.0350, acting as a strong support level.
• Bearish Risk:
  • A drop below 1.0350 could put the pair under negative pressure, with a potential retest of 1.0275.

Key Levels to Watch:

• Bullish Scenario:
  • Upside target: 1.0460 (23.60% Fibonacci correction).
  • A break above 1.0460 could extend gains toward 1.0500.
• Bearish Scenario:
  • A break below 1.0350 may trigger a decline toward 1.0275.

Market Risks & Considerations:

• Upcoming US economic data (Producer Price Index, Weekly Unemployment Claims) may cause high volatility in EUR/USD movements.
• Ongoing trade tensions contribute to uncertainty in price action.

⚠ Risk Warning: The market remains highly volatile, and all scenarios should be considered.

S1: 1.0350	R1: 1.0465
S2: 1.0275	R2: 1.0505
S3: 1.0235	R3: 1.0575