Technical Analysis by RoboForex

EURUSD loses bullish momentum: US dollar regains the lead

The EURUSD pair declined to 1.1378. The White House made efforts to calm investors. Find more details in our analysis for 23 April 2025.

EURUSD technical analysis

The EURUSD H4 chart shows a possible corrective wave developing towards 1.1303. After this decline, the market is expected to resume growth, aiming for 1.1425 and then 1.1504.

eurusd-2025-04-23.png

The EURUSD pair has reached another three-year high before entering a correction.

Read more - EURUSD Forecast

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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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The RoboForex Team