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Forecast update for EURUSD -23-07-2026
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Forecast update for EURUSD -23-07-2026
Jul 23, 2026 4:22 AM

The EURUSD pair declined in its last intraday trading, due to the stability of the key resistance level at 1.1430, accompanied by reaching EMA50s resistance, intensifying the negative pressure on the price, which forced it to rebound lower to erase all its early gains for today, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, opening the way for recording losses in the near upcoming period.

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