empty
 
 
22.05.2025 06:11 PM
Trading Signals for EUR/USD for May 22-25, 2025: sell below 1.1286 (200 EMA - 21 SMA)

This image is no longer relevant

EUR/USD is trading around 1.1287 after attempting to break the top of the downtrend channel. The instrument is now consolidating around the 21 SMA, which suggests it could continue its fall in the coming days.

The euro could rebound around 1.1286, as this area has held significant support since late April. If the euro consolidates above this level, we could expect it to reach 1.1367 again, which will be seen as a buying opportunity.

Conversely, if it falls below 1.1280, we could expect it to quickly reach the Murray 6/8 level at 1.1230. EUR/USD could even fill the gap around 1.1159 it left on May 16.

Our outlook for the euro remains negative, so we will look for shorting opportunities below 1.1360 with short-term targets around the psychological level of 1.1000.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback