EUR/USD Price Forecast July 3 2025
As we move into July 3, 2025, the EUR/USD currency pair continues to exhibit bullish strength, signaling a potential extension of its recent upward trajectory. With macroeconomic factors and technical signals aligning, traders are closely watching for opportunities on both sides of the market.
Intraday Technical Overview
- Pivot Point: 1.1775
✅ Our Preference: Long Positions Above 1.1775
As long as the EUR/USD trades above 1.1775, the intraday outlook remains positive. The primary bullish targets are:
- 1.1830
- 1.1850
These levels mark the next areas of potential resistance. If upward momentum continues, we could see a test of the psychological 1.1900 level in the coming days.
⚠️ Alternative Scenario: Short Below 1.1775
In the event of a drop below the 1.1775 pivot:
- Look for a bearish move toward 1.1750
- Further decline may reach 1.1730
Traders should closely monitor price action around the pivot to assess the likelihood of a breakdown.
RSI Analysis
The Relative Strength Index (RSI) is currently in bullish territory, indicating positive momentum without reaching overbought levels. This suggests further upside may be on the cards unless market sentiment or fundamentals shift abruptly.
Market Sentiment and Fundamental Factors
The broader eurozone and U.S. economic indicators are playing a crucial role in influencing the EUR/USD pair. Some key factors contributing to current sentiment include:
1. Eurozone Inflation & ECB Outlook
- Recent inflation data from the eurozone supports the ECB’s cautious stance.
- Expectations for continued policy stability have supported EUR buying.
2. U.S. Economic Data
- Mixed signals from U.S. employment and GDP data have weakened the USD slightly.
- The Fed remains data-dependent, adding volatility to dollar-based pairs.
3. Geopolitical Stability
- Relatively low geopolitical tension is contributing to a more risk-on environment, favoring higher-yielding currencies like the euro.
Technical Levels to Watch
Level | Type | Implication |
---|---|---|
1.1775 | Pivot | Key intraday level |
1.1830 | Resistance | Short-term bullish target |
1.1850 | Resistance | Breakout level if momentum continues |
1.1750 | Support | Initial downside target |
1.1730 | Support | Secondary bearish target |
Chart Patterns and Price Action
Recent price action suggests a continuation of the bullish trend:
- Higher highs and higher lows on the 4H chart.
- Price is trading above the 50 and 200 EMA.
- Consolidation near resistance indicates strength.
Expert Tips for Traders
- Use a trailing stop: Lock in profits as the pair moves toward 1.1830 or higher.
- Watch U.S. data releases: NFP or ISM numbers could cause volatility.
- Check the DXY (Dollar Index): A drop in DXY often aligns with EUR/USD strength.
Frequently Asked Questions (FAQs)
❓ What is the current trend of EUR/USD?
As of July 3, 2025, the EUR/USD is in a bullish trend above the 1.1775 pivot level.
❓ What are key resistance levels for EUR/USD?
The next resistance levels are 1.1830 and 1.1850.
❓ What is the bearish scenario?
If EUR/USD falls below 1.1775, look for support near 1.1750 and 1.1730.
❓ Is the RSI signaling further upside?
Yes, the RSI is above 50 and rising, indicating strong bullish momentum.
❓ How should traders respond to volatility?
Use tight stop losses, monitor economic news, and consider scaling into positions gradually.
Disclaimer
This article is for informational and educational purposes only and does not constitute financial advice. Trading forex and currency pairs involves significant risk and may not be suitable for all investors. Always conduct your own research or consult a licensed financial advisor before making any trading decisions.