Understanding the EUR/USD Forecast for January 2025
The EUR/USD currency pair continues to navigate through a complex landscape, influenced by various economic and geopolitical factors. As we delve into the forecast for January 2025, it's essential to understand the prevailing trends and key resistance levels that will shape the pair's movement.
Bearish Trends and Technical Analysis
The EUR/USD pair has been exhibiting a bearish trend, with the moving averages indicating a short-term bearish trend. The prices have broken through the area between the signal lines downwards, suggesting pressure from sellers of the European currency and a potential continuation of the fall in the asset pair quotes from the current levels[2].
Key Resistance Levels
- **Resistance Area**: The EUR/USD forecast for January 15, 2025, suggests an attempt to develop the pair's growth and a test of the resistance area near the level of 1.0345. A rebound from this level could lead to a downward price movement, aiming for the area below 1.0065[2].
- **Support Area**: The cancellation of the bearish scenario will be a strong growth and a breakout of the level of 1.0445, indicating a breakout of the resistance area and continued growth to the area at the level of 1.0685[2].
Long-Term Forecasts and Expert Predictions
Despite the short-term bearish trend, long-term forecasts suggest a strengthening of the EUR/USD exchange rate in 2025. Analysts at PandaForecast expect the pair to rise in 2025, starting with a strong correction in February, followed by a robust uptrend in March, reaching 1.2133 by the year-end[1].
Expert Predictions
- **PandaForecast**: Expects the EURUSD price to rise in 2025, with a strong correction in February and a robust uptrend in March, reaching 1.2133 by the year-end[1].
- **Long Forecast**: Projects the EUR/USD rate to reach new highs in 2025, with the first high touching in February near 1.1510, followed by a prolonged downward correction and another high in autumn at 1.1700[1].
- **WalletInvestor**: Projects a decline to 1.0770 by the end of 2025[1].
Market Indicators and Algorithmic Predictions
Algorithmic predictions from Gov.Capital indicate that the EUR/USD price has been in a downtrend since 2003-Dec-01. However, the 1-year forecast suggests a slight increase to 1.08357, indicating a potential for growth in the long term[3].
Algorithmic Predictions
- **14-Day Forecast**: A slight increase of 0.15%[3].
- **1-Year Forecast**: An increase to 1.08357, indicating a potential for growth in the long term[3].
- **5-Year Forecast**: A decline to 1.01217, suggesting a long-term bearish trend[3].
