As of Friday, April 25, 2025, the EUR/USD currency pair is experiencing

 

As of Friday, April 25, 2025, the EUR/USD currency pair is experiencing a bearish correction following its recent peak at 1.1573. The pair is currently trading around 1.1380, with analysts observing key support and resistance levels that could influence its short-term trajectory.​

Key Factors Influencing EUR/USD:

• U.S. Economic Data: March's durable goods orders in the U.S. surged by 9.2%, significantly surpassing the anticipated 2.0%. This unexpected strength has bolstered the U.S. dollar, exerting downward pressure on the EUR/USD pair. ​

• Trade Negotiations: Statements from President Trump indicating ongoing trade discussions with China, Japan, and South Korea have improved market sentiment, further supporting the dollar. ​

• Technical Indicators: The EUR/USD is undergoing a bearish correction, with potential support around the 1.1300 level. A break below this could signal further declines towards 1.1150. Conversely, maintaining levels above 1.1300 might lead to a rebound towards 1.1400 or higher