EURUSDX Trading Predictions

EURUSDX trading chart for 2025-06-03

1 Day Prediction

Target: June 5, 2025
Close

$1.1385

Open

$1.1375

High

$1.14

Low

$1.136

Description

The price is expected to stabilize around 1.1385, supported by recent bullish momentum and a slight upward trend in the RSI. However, the MACD shows potential bearish divergence, indicating caution.

Analysis

The past three months show a bullish trend with significant resistance at 1.1400. The RSI is nearing overbought levels, suggesting a possible pullback. Volume has been low, indicating a lack of strong conviction in the current trend.

Confidence Level

7/10

Potential Risks

Potential volatility due to macroeconomic news could impact the price unexpectedly.

1 Week Prediction

Target: June 12, 2025
Close

$1.14

Open

$1.138

High

$1.145

Low

$1.135

Description

Expect a slight increase to 1.1400 as the market reacts to upcoming economic data. The Bollinger Bands suggest a potential breakout, but the MACD indicates weakening momentum.

Analysis

The market has shown bullish tendencies, but the RSI is approaching overbought territory. Key support at 1.1350 and resistance at 1.1450 are critical levels to watch. Volume remains low, indicating uncertainty.

Confidence Level

6/10

Potential Risks

Economic indicators could lead to unexpected volatility, affecting the price direction.

1 Month Prediction

Target: July 4, 2025
Close

$1.145

Open

$1.14

High

$1.15

Low

$1.13

Description

A gradual rise to 1.1450 is anticipated, supported by bullish sentiment and potential positive economic data. However, the market may face resistance at 1.1500, which could trigger profit-taking.

Analysis

The overall trend remains bullish, with the price consistently testing higher levels. The MACD is bullish, but the RSI indicates potential overbought conditions. Key support at 1.1300 and resistance at 1.1500 are crucial.

Confidence Level

8/10

Potential Risks

Unforeseen geopolitical events or economic shifts could alter the trajectory.

3 Months Prediction

Target: September 4, 2025
Close

$1.155

Open

$1.15

High

$1.16

Low

$1.12

Description

A bullish outlook suggests a rise to 1.1550, driven by favorable economic conditions. However, the market may face resistance at 1.1600, and profit-taking could lead to corrections.

Analysis

The trend appears bullish, with significant support at 1.1200. The MACD remains positive, but the RSI indicates potential overbought conditions. Volume patterns suggest cautious optimism, with key resistance at 1.1600.

Confidence Level

7/10

Potential Risks

Long-term predictions are subject to economic shifts and market sentiment changes.