Post Details

November 21, 2025 in Forex News

EURUSD Forecast: Sideways Movement Ahead of ECB Signals

DAILY_EURUSD Forecast Sideways Movement Ahead of ECB Signals_on 11.21.2025 FTRD
DAILY_EURUSD Forecast Sideways Movement Ahead of ECB Signals_on 11.21.2025 FTRD

Introduction to EUR-USD

The EUR-USD currency pair commonly referred to as the “Fiber” is the most traded forex pair globally, representing the exchange rate between the Euro and the US Dollar. It reflects the relative economic strength of the Eurozone compared to the United States. Given its high liquidity and low spreads, the EUR/USD is favored by institutional and retail traders alike. Monitoring its movements is essential for understanding broader macroeconomic trends and market sentiment.

EURUSD Market Overview

As of the latest daily analysis for November 21, 2025, the EURUSD pair is experiencing cautious sideways movement amid mixed macroeconomic signals from both the Eurozone and the United States. Recently, attention turned to PMI data releases across the Eurozone, with both the services and manufacturing sectors showing continued signs of contraction below the 50.0 threshold, signaling subdued economic activity. Meanwhile, market participants are eagerly awaiting ECB President Christine Lagarde’s speech at the Frankfurt European Banking Congress on November 22, which could offer hints at future monetary policy shifts. On the US front, the dollar remains supported by a hawkish Federal Reserve stance, with several FOMC members, including Governor Stephen Miran and President John Williams, scheduled to speak on economic outlook and inflation. These developments continue to fuel cautious sentiment and keep the EUR/USD pair range-bound ahead of key economic releases in December, including PMI flash reports and inflation data.

DAILY_EURUSD Forecast Sideways Movement Ahead of ECB Signals_on 11.21.2025

EUR/USD Technical Analysis

On the daily timeframe, EUR/USD has been trading within a moderately bullish trend since January 2025, with price action currently consolidating between the 0.5 and 0.618 Fibonacci retracement levels approximately between 1.15616 and 1.14677. The pair is navigating around the midpoint of the price channel, with price candles frequently testing the center and lower bounds, indicating uncertain momentum. The highest price of the year was recorded in September at 1.19176, while the lowest was 1.02126 in January. Technical indicators show mixed signals: the Fisher Transform (9) reads -0.65 on the Fisher line and -0.21 on the trigger line, hinting at mild bearish pressure. The Aroon indicator suggests fading bullish momentum, with the Aroon Up at 57.14% and Aroon Down at 21.43%, implying a potential shift or weakening in trend direction. Immediate resistance is observed around the 1.15679 centerline, while support lies near the 1.14677 lower channel and the 0.618 Fib level.

Final Words About EUR vs USD

In conclusion, the EUR/USD pair remains in a consolidation phase with a slightly bullish undertone, pending further direction from upcoming macroeconomic catalysts. With traders closely watching central bank commentary from both the ECB and the Federal Reserve, volatility is likely to increase in the coming sessions. While the Euro remains under pressure due to weak PMI readings, the Dollar’s strength is being maintained by a persistently hawkish Fed outlook. Until a decisive breakout above 1.15679 or below 1.14677 occurs, range-bound trading strategies may be favored. As always, risk management remains key in such an uncertain and data-sensitive trading environment.

Disclaimer: This EURUSD analysis, provided by Unitedpips, is for informational purposes only and does not constitute trading advice. Always conduct your own Forex analysis before making any trading decisions.