Weekly Analysis List
EUR/USD Weekly Analysis
8/4/25
Market Overview
EUR/USD Weekly Analysis (Aug 4–8, 2025)
Market Snapshot
• Opening Price (Aug 4): ≈ 1.1580
• Previous Week’s Range:
o High: 1.1594 (on July 28)
o Low: 1.1424 (on July 30)
• Performance Summary: The pair declined from its early-week highs and remains below the 1.1600 mark, showing signs of bearish pressure.
Technical Overview
• Support Zones:
o 1.1550–1.1570 — Near-term support; recent trading base
o 1.1420–1.1450 — Deeper support from last week’s low
• Resistance Levels:
o 1.1590–1.1600 — Closest ceiling; price currently ranges beneath
o 1.1680–1.1700 — Medium-term resistance; potential upside target
• Technical Indicators:
o RSI & MACD — Showing waning bullish momentum
o 50-day EMA — Still above price, indicating bearish pressure
Fundamental Highlights
• USD Developments: The U.S. dollar steadied following a surprisingly weak jobs report and market turmoil linked to political interference in economic data operations. Fed rate cut expectations rose, but the dollar remains relatively firm (Reuters).
• ECB Outlook: No shift expected; Euro continues facing headwinds despite short-lived support from trade headlines.
Key Events This Week
• Wednesday: FOMC meeting minutes
• Thursday: U.S. Core PCE inflation data
• Friday: U.S. Non-Farm Payrolls (NFP) release
• All Week: Monitoring for ECB commentary and trade policy news as potential catalysts
Weekly Outlook & Strategy
• Bullish Scenario: A rise above 1.1600 could pave the way toward 1.1680–1.1700, pending approval via strong data or dovish Fed signals.
• Bearish Scenario: A drop below 1.1550 may expose levels as low as 1.1420, especially if dollar strength resurges.
Conclusion
Trader’s Tip
“EUR/USD remains range-bound just below 1.1600. A decisive breakout above or below 1.1550–1.1600 may set the tone—watch Fed minutes and the NFP report closely for directional clues.”