Good morning, forex traders! Capitalize on the EURUSD Trading Strategy on tradegoldnow.com, where forex chances await today, Friday, August 22, 2025. After yesterday’s $6 profit, EURUSD opens at 1.1605 with a low of 1.1602 and a high of 1.1614 at 09:07 AM WIB, providing a stable base. The focus is Fed Chair Powell’s speech at the Jackson Hole Symposium at 9:00 PM WIB, expected to signal rate cuts.
Powell’s speech, themed “Labor Markets in Transition,” could weaken the dollar if dovish, lifting EURUSD to 1.163 resistance. A hawkish tone might strengthen the dollar, testing 1.158 support. Last month’s speech gave a 12-pip euro gain, a pattern to use. Web insights from Financial Express and NYT note full-scale assault on the Fed, with traders anticipating a euro boost if Powell hints at easing.
The $12 range—1.1602 to 1.1614—suggests action, with moves to 1.164 or 1.158. A 15-20 pip shift could bring $45-$60 with Exness copy trading. Beginners can try $50 with a 10-pip stop-loss and 20-pip take-profit, while pros scale up near 1.1605. Enter before 9:00 PM WIB. Risks include a hawkish Powell, dropping EURUSD to 1.158, or tariff shocks. Diversify with XAUUSD and set stop-losses. Yesterday’s $21 XAUUSD profit shows the power of copy trading. Want to replicate it? Check our 5-minute Exness guide.
Technically, the daily RSI is balanced, with support at 1.158 and resistance at 1.163. The 4-hour chart hints at 1.165 or 1.157. Long-term, RoboForex sees 1.168 in 2025. If you need more insights Commodities pairs such as XAUUSD trading insights. Visit tradegoldnow.com/daily-blog for insights and join my crew to rule forex today!