EUR/USD Price Forecast – June 19, 2025 | Resistance at 1.1490 Holds Bearish Pressure

EUR/USD Technical Forecast – June 19, 2025

The EUR/USD pair remains under pressure heading into the June 19 session, with resistance clearly building at the 1.1490 level. Despite short-term bounces, the currency pair has struggled to reclaim bullish territory. Unless 1.1490 is decisively broken, traders should be prepared for a potential slide toward 1.1440 and 1.1410.

📍 Key Technical Levels

• Pivot Level: 1.1490
• RSI Reading: Bearish to neutral, struggling to cross 50

📉 Preferred Scenario – Bearish Intraday Strategy

• Sell Below: 1.1490
• Target 1: 1.1440
• Target 2: 1.1410

The setup favors downside movement, especially if market sentiment stays risk-off and the euro continues to face macroeconomic headwinds.

🔁 Alternative Scenario – Bullish Breakout

• Buy Above: 1.1490
• Target 1: 1.1530
• Target 2: 1.1570

A sustained break above 1.1490 with volume confirmation could signal a potential bullish reversal, opening the door to 1.1570.

📉 RSI and Price Momentum Outlook

The Relative Strength Index (RSI) is currently hovering near the neutral zone, signaling indecision. However, the failure to maintain levels above 50 implies continued bearish momentum unless a fundamental shift occurs.

Technical Structure Overview

• The pair continues to trade below key resistance, forming lower highs on shorter timeframes.
• If 1.1440 is breached, it may trigger a broader move toward 1.1410—a key support zone.
• Euro bulls remain sidelined until the pair convincingly breaks above 1.1490.

Market Sentiment Factors

• U.S. Dollar Strength: Backed by solid economic data and rising Fed expectations.
• Eurozone Slowdown: Weak industrial data and dovish ECB policy limit upside for the euro.
• Geopolitical Uncertainty: Market participants remain cautious amid ongoing global tensions, adding pressure on risk currencies like the euro.
• Bond Yield Spreads: A widening gap between U.S. and EU yields keeps demand high for USD.

Trading Tips for June 19, 2025

1. Watch for Candlestick Rejection below 1.1490 to enter short positions.
2. RSI Confirmation: Look for RSI <50 on the hourly chart before pulling the trigger.
3. Tight Stop Losses: Consider stops just above 1.1515 when shorting.
4. Scalp to Swing: Start with small intraday trades and scale positions if momentum builds.
5. News Alerts: Monitor Eurozone CPI and U.S. Fed commentary for intraday volatility.

Frequently Asked Questions (FAQs)

Q1: What is today’s pivot point for EUR/USD?
A1: The pivot level is 1.1490.

Q2: What’s the current trend?
A2: Bearish below 1.1490. Neutral to bullish only if that level is broken.

Q3: What are the near-term support levels?
A3: First support at 1.1440, next at 1.1410.

Q4: What are the key resistances?
A4: Resistance levels are 1.1490, 1.1530, and 1.1570.

Q5: What does RSI say about today’s trend?
A5: RSI is neutral-to-bearish, indicating downside risk if momentum weakens further.

Q6: Is this analysis suitable for intraday traders?
A6: Yes. The setup is tailored for intraday and short-term swing trading.

Q7: What could invalidate the bearish view?
A7: A sustained breakout above 1.1490 with positive Eurozone data.

Disclaimer:

This analysis is provided for educational and informational purposes only. It does not constitute financial advice. Forex trading involves substantial risk and may not be suitable for all investors. Always consult with a licensed financial advisor before making trading decisions.