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EURUSD expands its gains-Analysis-25-07-2025
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EURUSD expands its gains-Analysis-25-07-2025
Jul 25, 2025 10:55 PM

The (EURUSD) declined in its last intraday trading, affected by the emergence of the negative signals on the (RSI), after reaching overbought levels previously, indicating the beginning of natural correctional process in the price track on an intraday basis.

The price remains supported by positive technical factors, the most important is its stability above EAM50, and its trading alongside a bullish bias that indicates the continuation of the main bullish trend on the short-term basis, which may assist the price to form a new rising low that represents an upcoming rising base, unless the buying momentum is returned.

Therefore, our expectations for the (EURUSD) suggest a rise in the intraday levels, conditioned by the stability of the support at 1.1700, to target the critical resistance at 1.1830.

The expected trading range is between 1.1700 support and 1.1800 resistance.

Todays forecast: Bullish

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