
EUR/USD Forecast: Drops as Range Holds – 19 August 2025
The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.
The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.
Gold remains stuck in sideways trade near key levels, with $3,500 resistance and $3,200 support defining the trend as markets await Jackson Hole.
AUD/USD holds steady near 0.6500, but bearish divergence points to a potential decline toward 0.6400 as traders await Fed signals from Jackson Hole.
Bitcoin struggles near $116K as selling pressure builds, with risks of a breakdown toward $112K unless bulls reclaim resistance around $123K.
The GBP/USD holds near 1.3500, with stronger UK CPI and fading BoE cut bets boosting bullish momentum toward 1.3600 ahead of Jackson Hole.
EUR/USD trades sideways near 1.1665 but a bullish chart pattern points to potential gains, with traders watching Jackson Hole for fresh momentum.