search

An incredible cashback rate!
40% of the spread!

Join Now

Should We Be Wary of the Euro's Downward Potential Against the U.S. Dollar?

Market Report

  1. homeHOME
  2. Market Report
  3. Should We Be Wary of the Euro's Downward Potential Against the U.S. Dollar?

Should We Be Wary of the Euro's Downward Potential Against the U.S. Dollar?

11.07.2025

Today's Highlights
  1. UK Trade Balance
  2. UK Monthly GDP

In the U.S. currency market the previous day, the U.S. dollar fell against the yen.The USD/JPY pair traded between 146.785 and 145.749. Price action remained within the range of the 20-period moving average (MA) on the hourly chart throughout the session. On the 4-hour chart, the pair has pulled back from the +2σ Bollinger Band to the centerline, while on the daily chart, it continues to trade above the 10-period MA.

European currencies fell as the euro weakened against the U.S. dollar after Germany’s June consumer price index, released yesterday, showed that both the CPI and HICP remained unchanged from the previous month on a year-over-year basis.The euro fell against the U.S. dollar from 1.1749 to 1.1662. On the hourly chart, the price has moved from above the 20-period moving average (MA) to below it. On the 4-hour chart, the 20-period MA has shifted from a support line to a resistance line, and on the daily chart, the price is currently testing whether it will find support at the 20-period MA.

Today’s economic indicators include the UK’s monthly GDP, Germany’s Consumer Price Index, the UK’s manufacturing output, the UK’s trade balance, and the UK’s industrial production at 15:00; France’s Consumer Price Index at 15:45; Canada’s employment report and housing permits at 21:30; andand at 27:00, the U.S. budget balance. We should remain highly vigilant regarding the potential for further declines in the euro against the U.S. dollar.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management with a particular focus on foreign exchange markets, and he also has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Should We Keep an Eye on the Swiss Franc’s Upside Potential as It Continues to Hit New Highs?

Next Article

Caution Over Upside Potential for the CAD/JPY Pair, Which Rallied on a Drop in the Unemployment Rate
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for an explanation of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings