Trade The World
EUR/USD: Holding pattern on the daily charts – OCBC
Von FXStreet Insights Team
Veröffentlichungsdatum: 19 Aug 2025 | Änderungsdatum: 19 Aug 2025
POPULAR ARTICLES
Euro (EUR) eased lower, amid broad US Dollar (USD) rebound as markets grew cautious on Powell’s stance this Friday. Pair was last at 1.1677 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Euro (EUR) eased lower, amid broad US Dollar (USD) rebound as markets grew cautious on Powell’s stance this Friday. Pair was last at 1.1677 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
2-way trades likely with risk skewed to the downside
"Meanwhile, Trump’s meeting with European leaders and Ukraine President appear to have traction. Trump posted on Truth Social that he began arrangements for a meeting with Putin and Zelenskiy. The location is to be determined. Zelenskiy also said he would be willing to discuss territorial issues with his Russian counterpart."
"We reiterate that geopolitical developments may not have as much impact on EUR at this point, as the bigger factor driving EUR and most other FX, is Powell’s speech at Jackson Hole on Fri. Prior to that event risk, we continue to expect EUR to revert to recent range."
"Mild bullish momentum on daily chart shows tentative signs of fading while RSI fell slightly. 2-way trades likely with risk skewed to the downside. Support at 1.1630/40 levels (21, 50 DMAs) and 1.1570 levels. Resistance at 1.1730, 1.18 levels. We look for recent range in 1.1580 – 1.1700 to hold."
FXStreet
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Read More
