financetom
Technology
financetom
/
Technology
/
EURUSD declines temporarily within bullish track-Analysis-18-08-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EURUSD declines temporarily within bullish track-Analysis-18-08-2025
Aug 17, 2025 9:13 PM

The (EURUSD) declined in its last trading on its intraday levels, to gather gains after the previous bullish wave, accompanied by the attempts to offload the clear overbought conditions on the (RSI), especially with the emergence of negative signals from there.

Despite this intraday decline, the pair remains supported by its trading above EMA50, and its move within the minor bullish channels range, reinforcing the chances for gathering positive powers and resuming the rise again on the near-term basis.

Therefore, our expectations suggest a rise in (EURUSD) price in the upcoming intraday trading, if the support level settles at 1.1650, targeting the key resistance at 1.1730, if the pair manages to breach this resistance, its next target will be at the key resistance at 1.1790.

The expected trading range is between 1.1650 support and 1.1790 resistance.

Todays forecast: Bullish

VIP Trading Signals Performance by BestTradingSignal.com(August 1115, 2025) BestTradingSignal.com Professional Trading Signals with high accuracy. Subscribe now to tailored packages for the worlds leading markets and receive signals instantly via Telegram from an expert team:

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 Check full VIP signals performance report for the week of August 1115, 2025: Full Report

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Airtel founder Mittal, Warburg Pincus eye 49% stake in Haier India, Business Standard reports
Airtel founder Mittal, Warburg Pincus eye 49% stake in Haier India, Business Standard reports
Jul 6, 2025
July 7 (Reuters) - Sunil Mittal, the billionaire-founder of Indian telecom operator Bharti Airtel, and private equity firm Warburg Pincus have submitted a bid to acquire a 49% stake in Haier India at a steep discounted valuation of $720 million, Business Standard newspaper reported on Monday, citing people familiar with the matter. (Reporting by Aleef Jahan in Bengaluru; Editing by...
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Jul 6, 2025
(Corrects paragraph 2 to delete fourth consecutive quarterly decline) By Heekyong Yang SEOUL (Reuters) -Samsung Electronics ( SSNLF ) is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia ( NVDA ). The world's biggest maker of memory chips is projected to...
X suspends Reuters account in India after 'legal demand', government denies making request
X suspends Reuters account in India after 'legal demand', government denies making request
Jul 6, 2025
NEW DELHI (Reuters) -The Reuters News account on X has been inaccessible to users in India since Saturday, when the social media platform suspended it in response to what it described as a legal demand. A spokesperson for the Indian government's Press Information Bureau, however, told Reuters there was no requirement from any agency in the government of India to...
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Jul 6, 2025
By Maki Shiraki TOKYO (Reuters) -Japan's Nissan Motor ( NSANF ) is in talks to allow Taiwan's Foxconn to use one of the automaker's domestic factories to build electric vehicles, said two people familiar with the matter, a deal that could save the plant from closure. Reuters reported in May that Nissan ( NSANF ) was considering closing its Oppama plant,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved