EUR/USD Intraday Forecast – May 30, 2025
The EUR/USD currency pair is showing signs of bullish continuation, holding steady above the key pivot level of 1.1335. Traders are watching for upside follow-through, especially amid recent dollar weakness and dovish Fed sentiment.
✅ Preferred Scenario: Bullish Above 1.1335
- Entry: Buy above 1.1335
- Targets:
- Initial Target: 1.1385
- Extended Target: 1.1415
- Technical Insight:
- RSI lacks downward momentum – indicating bullish strength
- Price action remains above short-term moving averages
- Look for bullish candles and volume confirmation near the pivot
❌ Alternative Scenario: Bearish Below 1.1335
- Entry: Sell below 1.1335
- Targets:
- Initial Support: 1.1310
- Lower Support: 1.1290
- Technical Risks:
- A breach below the pivot may trigger downside acceleration
- Watch for dollar strength or macroeconomic surprises as bearish catalysts
EUR/USD Technical Snapshot
| Indicator | Signal |
|---|---|
| Pivot Point | 1.1335 |
| RSI | Neutral-to-bullish, lacks downside pressure |
| MACD | Awaiting confirmation above signal line |
| Volume | Moderate – watch for breakout spikes |
🔑 Key EUR/USD Levels to Watch
- Pivot Point: 1.1335
- Resistance: 1.1385, 1.1415
- Support: 1.1310, 1.1290
📌 Trading Tips for May 30, 2025
- 🛡️ Place stop-loss just below the pivot to minimize downside risk
- 📊 Use trailing stops to protect gains during a bullish trend
- 🌍 Monitor U.S. data releases and ECB commentary for directional clues
- 🔁 Adjust position sizing based on volatility and session momentum
Frequently Asked Questions (FAQs)
Q1: Is EUR/USD bullish today?
Yes, the pair shows a bullish bias above 1.1335, with RSI supporting the momentum.
Q2: What is the key resistance for EUR/USD?
Short-term resistance lies at 1.1385 and 1.1415.
Q3: What triggers a bearish setup?
A break below 1.1335 could lead to a move towards 1.1310 and 1.1290.
Q4: What economic data should I watch today?
Keep an eye on U.S. jobless claims, Eurozone CPI data, and Fed statements.
Q5: Is this forecast suitable for beginners?
Yes, but use proper risk management and consult financial advice if needed.
Disclaimer:
This article is intended for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading forex (including EUR/USD) involves substantial risk and may not be suitable for all investors. Always perform your own research and consult a certified financial advisor before making investment decisions. Past performance does not guarantee future results.
