RoboForex Team
Well-known member
EURUSD holds steady ahead of Jerome Powell’s speech
The EURUSD rate is correcting within a sideways range as investors focus on Fed signals. The current quote is 1.1646. Discover more in our analysis for 21 August 2025.
EURUSD technical analysis
The EURUSD rate is hovering within a Wedge pattern. An attempt to break below the 1.1620 support level has so far failed, keeping chances alive for an upward impulse.
The EURUSD pair continues to consolidate, with further movement dependent on Fed signals and market sentiment regarding a rate cut.
Read more - EURUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The EURUSD rate is correcting within a sideways range as investors focus on Fed signals. The current quote is 1.1646. Discover more in our analysis for 21 August 2025.
EURUSD technical analysis
The EURUSD rate is hovering within a Wedge pattern. An attempt to break below the 1.1620 support level has so far failed, keeping chances alive for an upward impulse.
The EURUSD pair continues to consolidate, with further movement dependent on Fed signals and market sentiment regarding a rate cut.
Read more - EURUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
