NEWS: EURUSD price is falling 0.5% to hit the lowest level in the last two weeks. The US dollar strengthened, driven by the temporary U.S. government shutdown after Congress failed to reach a budget agreement during the weekend.
Possible Scenarios:
If EURUSD fails to breach through Reference Price of 1.16619, our Research Department expects the EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its Reference Price of 1.16619, our Research Department expects the EURUSD to extend its losses to its S1 of 1.16393
Support and Resistance Levels:
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.16054 |
1.16224 |
1.16393 |
1.16619 |
1.16845 |
1.17014 |
1.17184 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.65 |
(+/-) £74.39 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16759
***GBP/USD = 1.34389
Calculations for exchange rate used as of Monday, September 6, 2025,08:50 (GMT+1)