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May 5, 2025

EUR/USD Price Forecast: Bullish Trend Amid Weaker Dollar

The EUR/USD pair attracts buyers at the start of a new week. It climbs back toward mid-1.1300s during the Asian session due to a broadly weaker US Dollar. However, traders remain cautious as mixed technical signals suggest that a strong recovery may be limited. The pair touched a three-week low around the 1.1265 region last Thursday, raising concerns about potential volatility in the coming days. Traders are advised to keep an eye on upcoming economic events that may impact the euro and dollar exchange rates.

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EUR/USD Price Forecast

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