EUR/USD Trading Signal May 8 2025 | Expert Forex Analysis & Strategy

EUR/USD trading signal May 8 2025

EUR/USD Trading Signal – May 8, 2025

📊 Current Price: Around 1.1365

🌍 Market Context:
EUR/USD remains under pressure within a short-term downtrend. The pair recently tested resistance between 1.1401 and 1.1415 but failed to break higher, reflecting cautious sentiment ahead of key US Federal Reserve policy announcements and mixed Eurozone economic data. The market is also monitoring ongoing trade negotiations between the US and EU, which continue to influence euro demand.

EUR/USD trading signal May 8 2025

🔍 Technical Analysis:

Level Type	Level Range
Support 1	1.1245 – 1.1265
Support 2	1.1140 – 1.1160
Support 3	1.1050
Resistance 1	1.1400 – 1.1440
Resistance 2	1.1540 – 1.1575
Resistance 3	1.1690

The pair is holding above the first support zone (1.1245 – 1.1265), which could allow for a rebound toward resistance at 1.1400 – 1.1440.
A break below 1.1245 may open the way for further downside toward 1.1140 – 1.1160 support.
Momentum indicators suggest bearish bias but with potential for short-term corrective rallies.

🎯 Trading Strategy:

Bullish Scenario:
Enter long positions if EUR/USD breaks and closes above 1.1440 with strong volume.
- Entry: Above 1.1440
- Take Profit 1: 1.1540
- Take Profit 2: 1.1690
- Stop Loss: Below 1.1380
Bearish Scenario:
Consider short positions if price breaks below 1.1245 decisively.
- Entry: Below 1.1245
- Take Profit 1: 1.1160
- Take Profit 2: 1.1050
- Stop Loss: Above 1.1300

⚠️ Risk Management:

Use appropriate stop losses to manage volatility risk.
Adjust position size according to your risk tolerance and market conditions.

🔗 Related Market Analysis:
For a broader market context and detailed analysis, refer to today’s full Forex Market Analysis May 8 2025.

EUR/USD trading signal May 8 2025

🔥 Summary:
EUR/USD is currently trading within a defined range, with key support and resistance levels guiding potential breakout or breakdown scenarios. Traders should watch for confirmation signals around these levels before entering positions, especially ahead of major economic announcements.