EUR/USD Intraday: the RSI is overbought
Jul 16, 2025 3:45 PM
our next up target stands at 1.1748
Our pivot point is at 1.1568.
Our preference:
our next up target stands at 1.1748
Alternative scenario:
below 1.1568, expect 1.1537 and 1.1518.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1612 and 1.1609). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.1662).
Supports and resistances:
1.1786 **
1.1767 *
1.1748 **
1.1730
1.1689 last
1.1580
1.1568 **
1.1537 *
1.1518 **
Our preference:
our next up target stands at 1.1748
Alternative scenario:
below 1.1568, expect 1.1537 and 1.1518.
Comment:
the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1612 and 1.1609). Finally, the EUR/USD is trading above its upper Bollinger band (standing at 1.1662).
Supports and resistances:
1.1786 **
1.1767 *
1.1748 **
1.1730
1.1689 last
1.1580
1.1568 **
1.1537 *
1.1518 **
免責事項：当コンテンツ（分析・戦略等）は第三者機関Trading Centralが提供するもので、分析官の独立した見解に基づきます。投資家の財務状況や投資目的は考慮されておりません。全ての戦略的見解は投資助言ではなく、参考情報としてのみ提供されます。当社はその正確性を保証せず、戦略実施による結果について一切の責任を負いません。
