Approximately 22.7% of daily forex trades. This pair, often called “Fiber,” is the most traded due to the economic strength of the Eurozone and the United States, offering high liquidity and tight spreads.
EUR/USD shows mild bullish momentum on the daily chart with RSI above 50 and price holding above the 21-day SMA. Traders watch key resistance at 1.0990 and support near 1.0880 amid macro uncertainties. Market direction depends on upcoming U.S. and Eurozone data.
EUR/USD dipped below 1.1700 amid a corrective pullback but downside appears limited. The Fed’s dovish stance, ongoing monetary accommodation, and Europe’s robust pandemic response support euro resilience. Market optimism and recovery efforts continue to shape the pair’s outlook.
The US dollar remains firm against major currencies as markets await key signals from the Federal Reserve. Strong US economic data supports the greenback amid cautious sentiment and prospects of further rate hikes. Investors eye July FOMC minutes for clues on monetary policy direction.
Weekly Forex Forecast August 17-22, 2025: USD looks poised to stay strong supported by hawkish Fed signals and resilient economic data. EUR/USD likely to test downside amid ECB pause and weak EU indicators. GBP/USD faces pressure below 1.2800 as BoE adopts cautious stance amid mixed UK inflation. Traders should monitor global inflation prints, central bank remarks, and geopolitical risks for market shifts. Stay prepared and trade wisely. #ForexForecast #CurrencyMarkets
“Emerging risks threaten the Federal Reserve’s mandate and the reliability of economic data. Declining survey participation, delayed revisions, staffing constraints, and political pressures complicate accurate policy decisions. Nowcasting offers real-time insights but raises transparency and comparability concerns. Insight from Christopher Vecchio, CFA at Forex Factory.”
HSBC revises its GBP/EUR forecast for 2025, expecting Sterling to end the year at 1.1365. The outlook reflects anticipated UK economic challenges, cautious Bank of England policy, and improving Eurozone momentum, signaling a modest Pound weakening against the Euro.
EUR/USD remains bearish amid strong U.S. economic data and persistent Fed rate expectations, while the Eurozone faces slowing growth and ECB nearing pause on hikes. Technicals show price below key support levels signaling further downside potential.
USD/JPY climbed above 146 as Fed minutes revealed concerns over persistent inflation and signaled possible further rate hikes. Rising US Treasury yields and a dovish Bank of Japan policy continue to weaken the yen, supporting the dollar’s strength. Original article credit: Mitrade, FXStreet, August 16, 2023.
EUR/USD edged higher last week after bouncing off key support near 1.0760 amid mixed U.S. inflation data and softer ECB tightening expectations. Watch for resistance around 1.0900 and key US and Eurozone releases this week as traders gauge monetary policy direction and economic momentum.
EUR/USD has broken above key resistance signaling a structural breakout that could lead to new long-term highs. Technical indicators like RSI and moving averages support continued gains, while fundamental factors favor the euro over the dollar. Traders should watch resistance near 1.1200 and 1.1400 for next potential targets.
