empty
14.01.2025 05:25 AM
Forecast for EUR/USD on January 14, 2025

The euro failed to overcome the support on the first attempt on the weekly chart. We hadn't expected such a bold move from the bears.

This image is no longer relevant

Currently, the price is undergoing an upward correction. Convergence on the daily chart has strengthened, and we are awaiting the conclusion of the consolidation phase.

This image is no longer relevant

If the price consolidates below the trendline on the weekly chart at 1.0211, this could open up a target of 0.9920. The intermediate levels to watch are at 1.0135 and 1.0030.

This image is no longer relevant

On the 4-hour chart, today's price increase during the Pacific session was halted by the MACD line at 1.0278. Should the price gain the strength to surpass this high, growth could extend to 1.0350. The convergence has yet to complete its course.

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

Technical Analysis of Intraday Price Movement of Palladium vs USD, Wednesday January 15, 2024.

If we look at the 4-hour chart of XPD/USD, it seems that there is an effort to strengthen Palladium against USD even though its volatility strength is starting to decrease

Arief Makmur 05:31 2025-01-15 UTC+2

Technical Analysis of Intraday Price Movement of AUD/JPY Cross Currency Pairs, Wednesday January 15, 2025.

Currently on the 4-hour chart, the AUD/JPY cross currency pair is seen to be in a Ranging-Sideways condition, but Buyers are still dominant even though their strength has begun

Arief Makmur 05:31 2025-01-15 UTC+2

Forecast for AUD/USD on January 15, 2025

The Australian dollar is not showing any urgency to reach the lower boundary of the descending price channel, nor is it rushing to approach the upper boundary at 0.6246

Laurie Bailey 03:37 2025-01-15 UTC+2

Forecast for GBP/USD on January 15, 2025

As of Monday, the British pound closed with a small candlestick body on Tuesday, indicating a period of consolidation with the potential for a downward movement. As a result

Laurie Bailey 03:37 2025-01-15 UTC+2

Forecast for EUR/USD on January 15, 2025

As part of its correction, the euro rose by 63 pips yesterday. However, the upward momentum is weakening, as indicated by the Marlin oscillator, the signal line of which shows

Laurie Bailey 03:37 2025-01-15 UTC+2

Trading Signals for EUR/USD for January 14-17, 2025: buy above 1.0253 (21 SMA - 4/8 Murray)

Early in the American session, EUR/USD is trading around 1.0248, retreating after having reached the resistance of 4/8 Murray and the 21 SMA. This level is key because

Dimitrios Zappas 16:26 2025-01-14 UTC+2

Trading Signals for GOLD (XAU/USD) for January 14-17, 2025: buy above $2,656 (21 SMA - 4/8 Murray)

Early in the American session, gold is trading around 2,662 below the 21 SMA within the uptrend channel forming since December 23. Gold could continue its fall in the next

Dimitrios Zappas 16:24 2025-01-14 UTC+2

EUR/USD: How Will Trump's Inauguration Impact the Dollar?

1.0154. However, midday saw a reversal favoring the euro, initiating growth toward the Fibonacci level of 127.2% at 1.0255. A consolidation above this level could indicate further growth toward

Samir Klishi 12:57 2025-01-14 UTC+2

GBP/USD. January 14th. Two Inflations: What Should the Pound Expect?

On the hourly chart, the GBP/USD pair continued its decline for half of Monday but then reversed in favor of the pound, rising to the 1.2191 level. Today, consolidation below

Samir Klishi 12:42 2025-01-14 UTC+2

Forex forecast 14/01/2025: EUR/USD, USD/JPY, GBP/USD, Oil, USDX and Bitcoin

Video Agenda: 00:00 INTRO 00:13 Totay's key events: ECB's Lane Speaks, German ZEW Economic Sentiment, PPI, EIA Short-Term Energy Outlook, API Weekly Crude Oil Stock 01:57 EUR/USD 04:20 GBP/USD 05:55

Sebastian Seliga 10:19 2025-01-14 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.