EURUSD - 23 July, breakout, continue to increase in price

Jul 23

EURUSD trend forecast July 23 , 2025

💬EUR/USD retreats from Tuesday’s two-week high of 1.1761, slipping to around 1.1740 during Wednesday’s Asian session as the US Dollar regains momentum. The Greenback strengthens following President Donald Trump’s announcement of a trade agreement with Japan, which includes a 15% tariff on Japanese exports to the US. In return, Japan will commit $550 billion in US investments and grant greater access to American goods.

In separate remarks during a meeting with Philippine President Bongbong Marcos, Trump expressed optimism about securing a trade deal with the Philippines, stating, “We’re close to a trade deal,” and downplaying concerns over Manila’s ties with China.

Still, the USD's upside may be capped by renewed concerns about the Federal Reserve’s independence. Trump reignited criticism of Fed Chair Jerome Powell, suggesting his removal is imminent: “Powell’s going to be out soon anyway—eight months left.” Trump reiterated that the Fed is holding rates too high and insisted, “We should be at 1%.”

💬 break resistance, retrace to get liquidity and continue to increase price, buy point 1.17150

🥇/// BUY EURUSD : zone 1.17150 - 1.17050

SL: 1.16750

TP: 40 - 60 - 100 PIPS ( 1.18050 )


Safe and profitable trading

Jul 23

Trade active

EURUSD is still in the entry price area: 1.17150

Jul 24

Trade closed: target reached

+ 70 pips , signal BUY EURUSD zone 1.17150 - 1.17050