Weekly Analysis List
EUR/USD Weekly Analysis
5/5/25
Market Overview
EUR/USD Weekly Analysis (05.05.2025)
Trend and Momentum:
• The EUR/USD pair is currently in a bullish trend, starting the week at 1.1335 .
• The pair is showing potential for further upward movement, aiming towards 1.1382 .
• The RSI (Relative Strength Index) is at 60.4, indicating strong momentum .
Support and Resistance Levels:
• Support Levels:
o 1.1308: Immediate support .
o 1.1265: Secondary support .
o 1.1220: Tertiary support .
• Resistance Levels:
o 1.1382: Immediate resistance .
o 1.1415: Secondary resistance .
o 1.1460: Tertiary resistance .
Market Sentiment:
• Market participants are cautious due to ongoing trade uncertainties between the US and China .
• US President Donald Trump mentioned that China is interested in a trade deal, but did not provide further details .
• The upcoming Federal Reserve meeting is expected to keep interest rates unchanged, with the accompanying statement being closely watched .
Conclusion
Outlook:
• If the EUR/USD pair breaks above the 1.1382 resistance level, it could advance towards 1.1415 and potentially higher to 1.1460 .
• Conversely, if the pair falls below the 1.1308 support level, it might drop towards 1.1265 and further down to 1.1220 .
This analysis should give you a good overview of the EUR/USD pair's performance and potential movements for the week.