The Euro Dollar EUR/USD currency pair continues to move within a declining trend and a descending channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken below the signal lines, indicating downward pressure from sellers of the European currency and a potential further decline in the currency pair from current levels. At the time of publication of this forecast, the Euro to Dollar exchange rate is currently at 1.1642. As part of the Forex forecast for January 15, 2026, we expect an attempt to further increase prices and a test of the resistance level located near 1.1675 on the EUR/USD pair. Subsequently, a downward rebound in prices and the beginning of a bearish momentum in the Euro Dollar currency pair is expected. The potential target for such a move on Forex is below 1.1525.
EUR/USD Forecast Euro Dollar for January 15, 2026
An additional signal in favor of a downward scenario for the EUR/USD currency pair tomorrow will be a rebound from the resistance line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the upper boundary of the bearish channel. A strong price increase and a breakout of 1.1735 will cancel out the downward scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the resistance area and continued price growth to 1.1995. A breakout of the support area at 1.1605 should confirm the downward trend for the EUR/USD currency pair.
EUR/USD Forecast Euro Dollar for January 15, 2026 suggests an attempt to rise in the currency pair with a test of the resistance level near 1.1675. Where should we expect a downward rebound in the Euro/Dollar currency pair and an attempt to continue the instrument’s decline on the Forex market, targeting 1.1525? A rebound from the resistance line on the relative strength indicator (RSI) will serve as an additional signal. A strong rise in quotes and a breakout of 1.1735 will cancel the EUR/USD downside scenario. This will indicate a breakout of the resistance zone and continued growth of the currency pair on Forex towards 1.1995.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
