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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

EUR/USD

Special Reports - 23/07/2025

23 July, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

EUR/USD Weekly Special Report based on 1.00 Lot Calculation:

GEOPOLITICS: TRADE PROGRESS

  • EVENT (EXPECTED BY AUGUST 1): OPTIMISM REMAINED HIGH THAT THE E.U. AND THE U.S.A. WILL SOON ANNOUNCE A TRADE DEAL. The hopes rose even higher after the USA announced a trade deal with Japan on July 23. EU and US negotiators continued to talk almost every day in order to clinch a trade deal, focused on securing immediate tariff relief and a stand‑still clause to prevent further escalation. Even German Chancellor Friedrich Merz also expressed optimism that a deal could be reached in July.

GEOPOLITICS: US TAX CUT BILL

  • BREAKING (JULY 4): U.S. PRESIDENT DONALD TRUMP SIGNED THE NEW TAX BILL INTO LAW. The new “Big Beautiful Bill” has been signed into law. The bill includes $4.5 trillion in tax cuts aimed at boosting the U.S. economy. This could serve as a significant economic stimulus. This is the largest fiscal package since the COVID-19 era and substantially larger than Trump’s 2017 tax cuts ($1.5 trillion in 2017).
  • STATISTICS (2017 – 2018): EUR/USD ROSE 3.41% WITHIN ONE MONTH AFTER US PRESIDENT DONALD TRUMP SIGNED THE TAX CUT BILL ON DECEMBER 22, 2017.

Data Source: MetaTrader 4 Platform

Please note that past performance does not guarantee future results

EVENTS:

  • THURSDAY, JULY 24, AT 13:15 GMT+1: EUROPEAN CENTRAL BANK (ECB) INTEREST RATE CUT DECISION: The ECB cut its benchmark interest rate in June from 2.40% to the current 2.15%, and investors expect the ECB will keep interest rates unchanged at this meeting.
  • THURSDAY, JULY 24, AT 13:45 GMT+1: EUROPEAN CENTRAL BANK (ECB) PRESS CONFERENCE: The press conference examines the factors which affected the ECB's interest rate decision and deals with the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

TECHNICAL ANALYSIS:

  • LONGER-TERM TREND LINE: The black trend line depicted by the chart below shows that EUR/USD prices have maintained their uptrend in general since January 2025.However, the price could decline.
  • DAILY MOVING AVERAGES: EUR/USD has recently traded above the 20- and 50-day moving averages, pointing to an ongoing uptrend. However, EUR/USD can change its trend if prices fall below the 20- and 50-day moving averages.

Gráfico, Histograma

El contenido generado por IA puede ser incorrecto.

GRAPH (Weekly): June 2023 – July 2025

Please note that past performance does not guarantee future results

EURUSD, July 23, 2025.
Current Price: 1.1730

EUR/USD

Weekly

Trend direction

UP

Resistance 3

1.2000

Resistance 2

1.1900

Resistance 1

1.1850

Support 1

1.1620

Support 2

1.1580

Support 3

1.1530

Example of calculation based on weekly trend direction for 1.00 Lot1

EUR/USD

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

2,700

1,700

1,200

-1,100

-1,500

-2,000

Profit or loss in €²

2,300

1,448

1,022

-937

-1,278

-1,704

Profit or loss in £²

1,994

1,255

886

-812

-1,108

-1,477

Profit or loss in C$²

3,668

2,309

1,630

-1,494

-2,038

-2,717

  1. 1.00 lot is equivalent of 100.000 units
  2. Calculations for exchange rate used as of 09:40 (GMT+1) 23/07/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.
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