empty
13.02.2025 07:41 AM
EUR/USD Forecast for February 13, 2025

U.S. inflation data surpassed expectations. The core Consumer Price Index (CPI) rose from 3.2% year-over-year (YoY) to 3.3% YoY, contrary to the forecasted decrease to 3.1% YoY. The headline CPI also increased, moving from 2.9% YoY to 3.0% YoY. The initial market reaction saw the U.S. dollar strengthen, but it later lost some ground, allowing the euro to close the day with a 20-pip gain. Market participants now anticipate no more than one rate cut before the end of the year.

The current situation is not favorable for the euro. Government bond yields have surged, oil prices have declined due to potential improvements in U.S.-Russia relations, and gold has stalled. Stock indices remain uncertain, as high interest rates primarily benefit the banking sector.

This image is no longer relevant

The euro has shown resilience and a strong desire to increase in value. Current momentum indicates an upward movement towards the first target of 1.0458. If the euro breaks above this level, it could pave the way for a target range of 1.0534 to 1.0575; however, sustained growth beyond this range remains uncertain.

The daily chart indicates that the price is consolidating above the balance line, while the Marlin oscillator is rising within the bullish zone.

This image is no longer relevant

On the four-hour timeframe, the price has faced significant resistance from indicator lines but ultimately leaned in favor of the bulls. It has now consolidated above these indicator lines, and the Marlin oscillator has turned upward from the boundary that separates growth from decline. We anticipate further appreciation of the euro.

Laurie Bailey,
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
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

EUR/USD Forecast for March 14, 2025

The euro has been declining for the third consecutive day, starting from Friday's drop, as it seeks support for consolidation or correction. During this correction, a pullback could extend down

Laurie Bailey 03:53 2025-03-14 UTC+2

GBP/USD Forecast for March 14, 2025

On Wednesday, the British pound fell by 12 pips, causing the Marlin oscillator's signal line to drop below the support level of 0.0216. This raises the chances of the price

Laurie Bailey 03:53 2025-03-14 UTC+2

USD/JPY Forecast for March 14, 2025

The Marlin oscillator's signal line is rising within its ascending channel and is approaching the transition into positive territory. Signs of a deep correction are emerging, which could lead

Laurie Bailey 03:53 2025-03-14 UTC+2

Trading Signals for EUR/USD for March 13-15, 2025: sell below 1.0881 (+1/8 Murray - 21 SMA)

Early in the American session, the euro is trading around 1.0865, below the 21-month SMA, and below the 1/8 Murray level, showing signs of exhaustion. A technical correction is expected

Dimitrios Zappas 14:00 2025-03-13 UTC+2

Trading Signals for GOLD (XAU/USD) for March 13-15, 2025: sell below $2,950 (21 SMA - 8/8 Murray)

Early in the American session, gold is trading around 2946, close to the all-time high of 2,956 and above the 7/8 Murray level, albeit showing signs of exhaustion. A technical

Dimitrios Zappas 13:49 2025-03-13 UTC+2

EUR/USD. March 13th. Bulls Are Tired of Playing Along with Trump

On Wednesday, the EUR/USD pair continued a very weak decline after rebounding from the 1.0944 level. This morning, it reached the 200.0% corrective level at 1.0857. A rebound from this

Samir Klishi 11:18 2025-03-13 UTC+2

GBP/USD. March 13th. U.S. Inflation Made Things Worse for the Dollar

On the hourly chart, the GBP/USD pair continued its upward movement toward the 127.2% Fibonacci retracement level at 1.3003 on Wednesday. The growth was weak, and the bulls failed

Samir Klishi 11:16 2025-03-13 UTC+2

Forex forecast 13/03/2025: EUR/USD, USD/JPY, Oil 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 10:24 2025-03-13 UTC+2

Indicator Analysis: Daily Review for GBP/USD on March 13, 2025

On Thursday, the market may start moving downward from the 1.2959 level (yesterday's daily close) toward 1.2924 – the 14.6% retracement level (yellow dashed line). From this level, the price

Stefan Doll 09:45 2025-03-13 UTC+2

Indicator Analysis for EUR/USD on March 13, 2025

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward

Stefan Doll 09:25 2025-03-13 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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.