EURUSDX Trading Predictions

EURUSDX trading chart for 2025-07-08

1 Day Prediction

Target: July 10, 2025
Close

$1.1725

Open

$1.173

High

$1.175

Low

$1.171

Description

The EURUSD shows signs of a slight bearish trend with recent lower highs. The RSI indicates overbought conditions, suggesting a potential pullback. The MACD is also showing a bearish crossover, supporting a downward move.

Analysis

Over the past 3 months, EURUSD has shown a bullish trend with peaks around 1.18. However, recent price action indicates a potential reversal with lower highs and bearish candlestick patterns. Key support is at 1.17, while resistance is at 1.18.

Confidence Level

7/10

Potential Risks

Market volatility and external economic news could impact this prediction significantly.

1 Week Prediction

Target: July 17, 2025
Close

$1.17

Open

$1.172

High

$1.173

Low

$1.168

Description

The bearish momentum is expected to continue as the market reacts to potential economic data releases. The Bollinger Bands are tightening, indicating reduced volatility, but the overall trend remains downward.

Analysis

The EURUSD has been fluctuating around 1.17-1.18, with recent bearish signals from the MACD and RSI. Volume has been low, indicating a lack of strong conviction in the current trend. Support at 1.17 is critical.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events could lead to sudden price changes.

1 Month Prediction

Target: August 10, 2025
Close

$1.165

Open

$1.168

High

$1.17

Low

$1.16

Description

Continued bearish pressure is anticipated as the market adjusts to economic indicators. The Fibonacci retracement levels suggest a potential drop towards 1.165, with resistance at 1.17.

Analysis

The EURUSD has shown a bearish trend with significant resistance at 1.18. The recent price action indicates a potential decline towards 1.165, with key support levels being tested. The market sentiment is cautious.

Confidence Level

5/10

Potential Risks

Economic data releases and geopolitical events could alter market sentiment rapidly.

3 Months Prediction

Target: October 10, 2025
Close

$1.15

Open

$1.155

High

$1.155

Low

$1.145

Description

A longer-term bearish outlook is expected as economic conditions may lead to further declines. The overall trend suggests a move towards 1.15, with significant resistance at 1.17.

Analysis

The EURUSD has been in a bearish phase, with significant resistance at 1.18 and support around 1.15. The market is influenced by macroeconomic factors, and the overall sentiment is leaning towards caution.

Confidence Level

4/10

Potential Risks

Long-term predictions are highly uncertain due to potential economic shifts and geopolitical tensions.