Top.Mail.Ru
empty
 
 
10.03.2026 07:50 AM
Trading Signals for EUR/USD on March 10-12, 2026: buy above 1.1590 (21 SMA - 3/8 Murray)

This image is no longer relevant

The euro is trading around 1.1617, rebounding after reaching the psychological level of 1.15. During Monday's European session, the euro reached a low of 1.1506, and since then, we have seen a strong technical rebound, with the price covering the gap left over the weekend around 1.1617.

Given that the euro has still left another gap around 1.1825 uncovered, EUR/USD is expected to continue rising in the coming days until it reaches the 4/8 Murray around 1.1718. Finally, it will be able to cover the gap and reach the 5/8 Murray around 1.1840.

The outlook remains bullish for EUR/USD, and it is expected to reach 1.1740 in the coming days. Given that this area represents strong resistance, the bearish cycle will resume below this area, as the euro could have difficulty overcoming it since it is located at the 4/8 Murray. We could catch an opportunity to open short positions.

A return below the 21 SMA located at 1.1591 could resume the bearish cycle. We expect EUR/USD to reach the March 9 low around 1.1506. It could even reach the 2/8 Murray around 1.1474, and this zone could be seen as an opportunity to buy during the technical rebound.

The Eagle indicator has reached oversold levels and is showing a positive signal, so any pullback towards the 61.8% Fibonacci level at 1.1560 or 1.1550 will be seen as a signal to buy with targets at 1.1740 around the 200 EMA.

Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $8000 más!
    ¡En Marzo, sorteamos $8000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback