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
BestTradingSignal.com Professional Trading Signals High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the worlds most important markets all powered by BestTradingSignal.com .
US Stock Signals from 44/month
Subscribe via Telegram Crypto Signals from 49/month
Subscribe via Telegram Forex Signals from 49/month
Subscribe via Telegram VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from 179/month
Subscribe via Telegram The longer the subscription, the greater the savings and the more value you get.
Weekly performance report available here: Trading Signal Results Week of July 1418, 2025