EUR/USD - Overview as of 03.03.2025

Financial and commodity markets analytics


EUR/USD quotes are still in the middle of the range 1,0200-1,0500. If the price declines, the local support can be found closer to the level of 1.0240. On Monday there is a probability of growth of volatility of the instrument, which is connected with expectation by the markets of publications of the index of consumer price index of Eurozone and business activity index in the USA. At approaching of the price to the borders of the range, it is necessary to follow closely the market behavior. market behavior. In case of decrease, taking into account the general downward trend, there is a probability of a local low.