Top.Mail.Ru
empty
 
 
16.02.2026 04:07 PM
Trading Signals for EURO (EUR/USD) on February 16-19, 2026: sell below 1.1900 (21 SMA - 5/8 Murray)

This image is no longer relevant

EUR/USD is trading around 1.1861 below the 21 SMA and showing signs of exhaustion in its upward momentum. The euro could continue its fall in the coming days, but only if it consolidates below 1.1900.

If the instrument falls below the 5/8 Murray located at 1.1840, it is expected to reach the 200 EMA around 1.1800 and could even continue its bearish cycle until it reaches the 6/8 Murray around 1.1735.

With a consolidation above 1.1900 and a sharp break of the downtrend channel, we reckon EUR/USD could reach the 6/8 Murray located at 1.1962 and could even reach the psychological level of 1.20.

Given that the euro is within a downtrend channel formed since the end of January, a pullback towards 1.1900 or towards the top of the downtrend channel will be seen as an opportunity to open short positions with targets at 1.1840, 1.1800, and finally, at 1.1745.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
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
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback