NEWS: EURUSD price is increasing 0.41% following higher odds of an interest rate cut by the FED in September
Possible Scenarios:
If EURUSD fails to breach through R1 of 1.16901, our Research Department expects the EURUSD to undergo a short- term downward correction.
If EURUSD manages to break above its R1 of 1.16901, our Research Department expects the EURUSD to extend its gains to its R2 of 1.17186.
Support and Resistance Levels:
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.15568 |
1.15854 |
1.16139 |
1.16520 |
1.16901 |
1.17186 |
1.17472 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.65 |
(+/-) £73.99 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16751
***GBP/USD = 1.35152
Calculations for exchange rate used as of Thursday, August 28, 2025, 13:15 GMT+1