The Euro Dollar EUR/USD currency pair is ending the trading week with gains near 1.1656. Moving averages indicate a bullish trend for the pair. Prices have broken above the signal lines, indicating upward pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we expect an attempt to further increase the EUR/USD pair and a test of the resistance area near 1.1805. From here, a downward rebound and continued decline in the Euro Dollar currency pair are expected this trading week. A potential upside target is below 1.0965.
EUR/USD Weekly Forecast December 8 — 12, 2025
An additional signal favoring a decline in the EUR/USD pair on Forex will be a test of the resistance line on the relative strength indicator (RSI). The second signal will be a rebound from the upper boundary of the Head and Shoulders pattern. A strong rally and a breakout of 1.2015 will cancel out the downward trend in the Euro/Dollar pair during the current trading week (December 8-12, 2025). This will indicate a breakout of the resistance area and continued growth above 1.2385. A breakout of the support area and a close below 1.1365 should confirm the pair’s decline, signaling a breakout of the lower boundary of the Head and Shoulders pattern and the beginning of the pattern’s implementation with targets below.
EUR/USD Weekly Forecast December 8 — 12, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 1.1805. From there, a downward rebound and a continued decline in the pair on the Forex market below 1.0965 should be expected. A test of the resistance line on the relative strength indicator (RSI) would be an additional signal of decline. A strong rally and a breakout of 1.2015 would cancel out the EUR/USD decline. In this case, we should expect the pair to continue rising, with a potential target at 1.2385.
