Loading...
Traders Beware!
Warning!

Fraudulent websites posing to have a connection with JFD

Please be aware of fraudulent websites
posing as JFD's affiliates and/or counterparties

More information
by Marcus Klebe
All Articles 

EUR/USD – 1.0525 Emerging as a Key Level for the Next Major Move

EUR/USD – 1.0525 Emerging as a Key Level for the Next Major Move

During yesterday’s trading session, EUR/USD once again tested the 1.0500/1.0525 zone but failed to break above it. A fourth attempt could be crucial—if it fails again, a breakout scenario becomes increasingly likely.

Technical Outlook: Is a Breakout Imminent?

The tight consolidation between 1.0450 and 1.0525 suggests that momentum is building for a potential breakout.

Bullish Scenario:

  • A breakout above 1.0525 could trigger buying momentum.
  • Potential upside targets: 1.0660 and the broader resistance area at 1.0925.

Bearish Scenario:

  • As long as 1.0525 remains intact, downside risks persist.
  • Initial support lies at 1.0400–1.0390.
  • A break below this level would weaken the bullish outlook and could accelerate selling pressure.

Conclusion

EUR/USD continues to trade within a narrow range, with 1.0525 acting as a key resistance level. A break above this zone could pave the way for further upside, while a downside break may increase bearish momentum.

Disclaimer:

The content we produce does not constitute investment advice or investment recommendation (should not be considered as such) and does not in any way constitute an invitation to acquire any financial instrument or product. The Group of Companies of JFD, its affiliates, agents, directors, officers or employees are not liable for any damages that may be caused by individual comments or statements by JFD analysts and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his investment decisions. Accordingly, you should seek, if you consider appropriate, relevant independent professional advice on the investment considered. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances or needs. The content has not been prepared in accordance with the legal requirements for financial analyses and must therefore be viewed by the reader as marketing information. JFD prohibits the duplication or publication without explicit approval.

There are risks involved with trading of cash equities. Past performance is not indicative of future results. You should consider whether you can tolerate such losses before trading. Please read the full Risk Disclosure (https://www.jfdbrokers.com/en/legal/risk-disclosure).

Copyright 2024 JFD Group Ltd.


MORE MARKET INSIGHTS

Technical Analysis
EUR/USD Reaches Target and Reversal Zone!
2025/03/13 07:25
Marcus Klebe
Technical Analysis
Caution in the DAX – This Zone is Critical!
2025/03/12 07:58
Marcus Klebe
Technical Analysis
Technical Analysis
WTI: After the Downward Move, Now Long?
2025/03/10 08:49
Marcus Klebe
Technical Analysis
Daily Market Report
Technical Analysis
Technical Analysis
Daily Market Report
Technical Analysis
Technical Analysis