EUR/USD Forecast for Today (Dec 8, 2025)
Bias: Cautiously Bullish, but volatility expected ahead of tomorrow's Fed meeting.
Current Price: ~1.1656
Likely Trading Range: 1.1600 - 1.1730
Key Levels to Watch:
Resistance (Sell Targets):
1.1680: Immediate resistance. A break here opens the path to 1.1700.
1.1730: Strong resistance (Fibonacci level). Likely to reject price on first touch.
Support (Buy Zones):
1.1600: First solid support. Good for scalping longs.
1.1590: Critical level. If price breaks below this, the bullish trend is broken.
Strategy:
Bullish: Look for buys near 1.1600 with stops below 1.1580. Target 1.1680.
Bearish: Look for shorts if price rejects 1.1680 or 1.1730.
Note: Be careful of low liquidity/choppiness today as traders wait for the Fed news tomorrow.
EUR/USD Forecast for Today (Dec 8, 2025)
Bias: Cautiously Bullish, but volatility expected ahead of tomorrow's Fed meeting.
Current Price: ~1.1656
Likely Trading Range: 1.1600 - 1.1730
Key Levels to Watch:
Resistance (Sell Targets):
1.1680: Immediate resistance. A break here opens the path to 1.1700.
1.1730: Strong resistance (Fibonacci level). Likely to reject price on first touch.
Support (Buy Zones):
1.1600: First solid support. Good for scalping longs.
1.1590: Critical level. If price breaks below this, the bullish trend is broken.
Strategy:
Bullish: Look for buys near 1.1600 with stops below 1.1580. Target 1.1680.
Bearish: Look for shorts if price rejects 1.1680 or 1.1730.
Note: Be careful of low liquidity/choppiness today as traders wait for the Fed news tomorrow.
Fed Expectations for Tomorrow (Dec 9-10 Meeting)
The Consensus:
Rate Cut: The market is pricing in an 87% chance of a 0.25% rate cut.
The "Dot Plot": Traders will be watching the "Dot Plot" (Fed's future predictions). The market expects aggressive cuts in 2026, but the Fed might signal a slower path.
Impact on EUR/USD:
Scenario A (Dovish Cut): Fed cuts 0.25% AND signals more cuts soon. -> EUR/USD Rallies (Dollar weakens).
Scenario B (Hawkish Cut): Fed cuts 0.25% BUT says "inflation is sticky, we might pause". -> EUR/USD Drops (Dollar strengthens).
Scenario C (No Cut): Shock. -> EUR/USD Crashes heavily.
Verdict: A rate cut is priced in. The volatility will come from what Powell says about 2026.
Bias: Cautiously Bullish, but volatility expected ahead of tomorrow's Fed meeting.
Current Price: ~1.1656
Likely Trading Range: 1.1600 - 1.1730
Key Levels to Watch:
Resistance (Sell Targets):
1.1680: Immediate resistance. A break here opens the path to 1.1700.
1.1730: Strong resistance (Fibonacci level). Likely to reject price on first touch.
Support (Buy Zones):
1.1600: First solid support. Good for scalping longs.
1.1590: Critical level. If price breaks below this, the bullish trend is broken.
Strategy:
Bullish: Look for buys near 1.1600 with stops below 1.1580. Target 1.1680.
Bearish: Look for shorts if price rejects 1.1680 or 1.1730.
Note: Be careful of low liquidity/choppiness today as traders wait for the Fed news tomorrow.
EUR/USD Forecast for Today (Dec 8, 2025)
Bias: Cautiously Bullish, but volatility expected ahead of tomorrow's Fed meeting.
Current Price: ~1.1656
Likely Trading Range: 1.1600 - 1.1730
Key Levels to Watch:
Resistance (Sell Targets):
1.1680: Immediate resistance. A break here opens the path to 1.1700.
1.1730: Strong resistance (Fibonacci level). Likely to reject price on first touch.
Support (Buy Zones):
1.1600: First solid support. Good for scalping longs.
1.1590: Critical level. If price breaks below this, the bullish trend is broken.
Strategy:
Bullish: Look for buys near 1.1600 with stops below 1.1580. Target 1.1680.
Bearish: Look for shorts if price rejects 1.1680 or 1.1730.
Note: Be careful of low liquidity/choppiness today as traders wait for the Fed news tomorrow.
Fed Expectations for Tomorrow (Dec 9-10 Meeting)
The Consensus:
Rate Cut: The market is pricing in an 87% chance of a 0.25% rate cut.
The "Dot Plot": Traders will be watching the "Dot Plot" (Fed's future predictions). The market expects aggressive cuts in 2026, but the Fed might signal a slower path.
Impact on EUR/USD:
Scenario A (Dovish Cut): Fed cuts 0.25% AND signals more cuts soon. -> EUR/USD Rallies (Dollar weakens).
Scenario B (Hawkish Cut): Fed cuts 0.25% BUT says "inflation is sticky, we might pause". -> EUR/USD Drops (Dollar strengthens).
Scenario C (No Cut): Shock. -> EUR/USD Crashes heavily.
Verdict: A rate cut is priced in. The volatility will come from what Powell says about 2026.
