EURUSD: BUY 1.1725, SL 1.1705, TP 1.1825 | 19 August 2025

EURUSD:

EUR/USD starts the week around 1.1730, holding above the psychologically important 1.1700 level and extending gains after Friday’s correction. According to Torforex, staying above the 1.1650–1.1670 range confirms a bullish scenario and signals the market’s readiness to test the 1.1760–1.1800 areas.

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From a fundamental perspective, the dollar remains under pressure following an “atypical” US inflation report: July CPI came in below expectations, reviving speculation about a possible Fed rate cut as early as the fall. Meanwhile, US Treasury yields have stabilized but remain below July highs, limiting the dollar’s appeal for fixed-income investors.

In the euro area, the euro receives short-term support from the persistent current account surplus and moderate expansion in services activity. We also assume the recent 25bp ECB rate cut is largely priced in; the next steps will depend on the dynamics of core inflation (company research desk view). Overall, we expect a continuation of a moderate upward move.

Trading recommendation: BUY 1.1725, SL 1.1705, TP 1.1825

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