empty
09.04.2025 04:31 AM
EUR/USD Forecast for April 9, 2025

By the end of Tuesday, the euro gained 45 pips, and during today's Pacific session, it has added roughly the same amount, approaching the target level of 1.1027. If resistance is broken, the price may target the 1.1110/50 range. However, a bearish trap could be lurking there. The reason is that commodities and stock indices continue to decline sharply, and the euro might not withstand the pressure. Yesterday, oil fell by 2.16%, and the S&P 500 by 1.57%.

This image is no longer relevant

A consolidation above the 1.1110/50 range, combined with a correctional rebound in equity markets and oil, could extend the euro's rise toward the 1.1276 target.

An alternative scenario with a drop in the euro toward 1.0762 may also unfold, but for that, the pair needs to consolidate below the 1.0955 level.

This image is no longer relevant

On the H4 chart, the Marlin oscillator has timely entered positive territory—indicating the price needs support to break through the 1.1027 resistance level. Once the price has consolidated above this level, it could cautiously advance to the target zone.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bearish MACD Divergence in GBP/USD has the potential to trigger a weakening, Monday, June 30, 2025.

GBP/USD – Monday, June 30, 2025. Although there is a potential for GBP/USD to strengthen due to the weakening of the USD (Dovish issue), the emergence of Divergence in MACD

Arief Makmur 08:25 2025-06-30 UTC+2

Level 3288.270 has the potential to tests by XAU/USD, Monday, June 30, 2025.

XAU/USD – Monday, June 30 2025 Geopolitical tensions have begun to ease, causing funds to flow out of Safe Haven instruments such as XAU/USD, thus creating pressure on XAU/USD with

Arief Makmur 08:25 2025-06-30 UTC+2

EUR/USD Forecast for June 30, 2025

EUR/USD On Friday, the euro consolidated above the 1.1692 level. The Marlin oscillator is moving sideways, but the upward potential has not been exhausted, and the price continues to rise

Laurie Bailey 05:49 2025-06-30 UTC+2

GBP/USD Forecast for June 30, 2025

GBP/USD By the end of Friday, the British pound slightly declined, thereby increasing the likelihood of the Marlin oscillator's signal line returning to its descending channel on the daily chart

Laurie Bailey 05:49 2025-06-30 UTC+2

AUD/USD Forecast for June 30, 2025

AUD/USD Friday's attempt by the Australian dollar to break above the price channel line (0.6552) failed due to a temporary strengthening of the US dollar (USD Index +0.28%). The decline

Laurie Bailey 05:45 2025-06-30 UTC+2

Bitcoin Forecast for June 30, 2025

Bitcoin Bitcoin spent last week in a very strong bullish mood (up 7.84%), fully overlapping the weekly candle from June 15–21 and breaking above the internal line of the price

Laurie Bailey 05:43 2025-06-30 UTC+2

Trading Signals for GOLD (XAU/USD) for June 27-30, 2025: buy above $3,250 or sell below $3,320 (rebound - 6/8 Murray)

Technically, we believe that in the short term, gold could continue its fall and expect it to reach the 5/8 Murray level support around 3,203. The instrument might even cover

Dimitrios Zappas 18:12 2025-06-27 UTC+2

Trading Signals for EUR/USD for June 27-30, 2025: sell below 1.1750 (21 SMA - 8/8 Murray)

Early in the American session, the euro is trading around 1.1715, retreating after reaching a new high at 1.1753. This level coincided with the top of the uptrend channel, suggesting

Dimitrios Zappas 18:10 2025-06-27 UTC+2

Indicator Analysis. Daily Overview for June 27, 2025 – GBP/USD Currency Pair

On Thursday, the pair moved upward, reaching the 161.8% level at 1.3792 (red dashed line), then retreated and closed the daily candle at 1.3723. A pullback may occur today. Strong

Stefan Doll 11:42 2025-06-27 UTC+2

Indicator Analysis. Daily Overview for June 27, 2025 – EUR/USD Currency Pair

On Thursday, the pair moved upward and tested the 161.8% target level at 1.1744 (red dashed line), then pulled back and closed the daily candle at 1.1699. Today, the upward

Stefan Doll 11:39 2025-06-27 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.