For the days ahead, starting March 24, 2025, the direction of EUR/USD is likely to be downward. The fundamental drivers—monetary policy divergence—provide a robust case for continued USD strength and Euro weakness. The COT report’s indication of increased net-short positions by commercial traders supports this bearish trend. While the reduction in large speculators’ net-short exposure suggests possible short-term volatility or a bounce (e.g., if support at 1.0795/1.0800 holds), the lack of extreme positioning data and the overriding fundamental pressures indicate that any upside would be limited and temporary. Thus, the prevailing direction remains downward, consistent with the pair’s broader trend.
Let's wait and see how the downward plays out
Let's wait and see how the downward plays out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.