Will the falling euro-dollar pair recover, or should we wait and see how it moves during European trading hours?

Will the falling euro-dollar pair recover, or should we wait and see how it moves during European trading hours?

25.03.2026

In the U.S. currency market yesterday, the U.S. dollar reached its strongest level during U.S. trading hours after the March U.S. PMI Purchasing Managers' Index, released yesterday, showed improvements in both the non-manufacturing and manufacturing sectors compared to the previous month.The EUR/USD pair fell from 1.1618 to 1.1557. On the hourly chart, the price has moved from above the 20-period moving average (MA) to below it. On the 4-hour chart, the 200-period exponential moving average (EMA) is acting as a resistance level, making it difficult for prices to rise, while on the daily chart, the price is currently retesting the support level following a break below the 200-period simple moving average (SMA).

Among European currencies, the Swiss franc fell against the U.S. dollar. The USD/CHF pair rose from 0.7852 to 0.7923. On the hourly chart, the price has moved from below the 20-period moving average (MA) to above it. On the 4-hour chart, the price is trading just below the 20-period MA without a clear direction, while on the daily chart, the price is trending upward, supported by the 20-period MA on the downside.

Today’s economic indicators include the release of the BOJ meeting minutes at 8:50, the Australian CPI at 9:30, the Japanese Economic Sentiment Index at 14:00, the UK CPI, RPI, and PPI at 16:00, remarks by ECB President Lagarde at 17:45, and the GermanIFO Business Climate Index, 8:00 PM: US MBA Mortgage Applications, 9:30 PM: US Import Price Index, 11:30 PM: US Weekly Crude Oil Inventories, 2:00 AM: US 5-Year Treasury Auction, and 5:10 AM: Remarks by US Federal Reserve Governor Miran. I’d like to watch the price movements during European trading hours to see if the euro/dollar pair, which has been falling, will show signs of recovery.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed