30.05.202517:33 Forex Analysis & Reviews: Trading Signals for EUR/USD for May 30, 2025: sell below 1.1350 (21 SMA - 5/8 Murray)

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Early in the American session, the EUR/USD pair is trading around 1.1335, below the downtrend channel formed on May 20 and showing signs of exhaustion.

The euro could resume its bullish cycle in the coming hours. However, there is strong resistance around 1.1352 and around 1.1390. Both levels could act as a barrier to the euro, and after a technical rebound, it could resume its bearish cycle.

If the euro falls below 1.1319, we could expect it to continue falling, with targets at the 200 EMA around 1.1248, and it could even reach the bottom of the downtrend channel around 1.1210.

The Eagle indicator is showing a negative signal, so any technical rebound will be seen as a signal to sell. The indicator also suggests that EUR/USD could reach the psychological level of 1.1000 in the short term.

We could expect a recovery for the euro if it consolidates above 1.1400. Hence, the outlook could be positive, and EUR/USD could reach the Murray 6/8 at 1.1476 and even surpass its yearly high.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.