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U.S. DOLLAR / EURO REFERENCE RATE

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EURUSD Under Pressure Amid Persistent USD StrengthLast week’s trading session saw EURUSD lingering near its lows with minimal movement. Currently trading around 1.508, the pair remains favorable for sellers, driven by sustained bearish momentum. The U.S. dollar continues to gain strength, fueled by policies linked to the Trump administration, further weakening the euro. On the technical front, bearish signals are evident, with consistent reversals near the 34 and 89 EMA, reinforced by trendlines, support/resistance levels, and Dow Theory patterns. Looking ahead, potential trade policies under Trump’s administration, such as tariffs on European and Chinese goods, could drive U.S. inflation higher. If the Federal Reserve maintains a cautious or hawkish approach, this would likely provide continued support for the dollar, keeping EURUSD under downward pressure.
Short
by Mr_Siro
EURUSD is reversing its trend from its BU-OBEURUSD has taken support from its buying order block(1.05016-1.05213) and has broken its structure at the level of 1.05422 i have entered a long trade from the level of structure change and i have kept my stop loss below the level of 1.04940 once it closes above the levels of 1.05938 and 1.06546 it will change its character and will target the levels of 1.07288 and 1.08258 and if it shows strong bullish character it can chase to levels of 1.09379
Long
by Trading-Unicorn
EURUSD: Downward Pressure DominatesEURUSD is currently trading around 1.04836, remaining in a downtrend defined by the main descending trendline. The EMA 34 and EMA 89 are acting as strong resistance levels, blocking any recovery attempts by the currency pair. Based on the chart, the resistance zone at 1.05344 is a critical level that needs to be broken to confirm bullish signals. However, with reports from BCA suggesting that the recovery of the Euro and European equities might soon come to an end, the likelihood of increased downward pressure is high. If the price fails to hold above this zone, EURUSD may return to test the support near 1.03844, which has proven to be a solid support area in the past. Should selling pressure persist, a break below 1.03844 could push the price lower towards the support zone around 1.03000. Traders are advised to closely monitor price action at these resistance and support levels to adjust their trading strategies accordingly.
by Sophi-A
EURUSD: Weak at Resistance, Potential for Further DeclineEURUSD remains under pressure from the bearish trend, hovering around 1.04686 after a mild recovery from the support zone of 1.03878. However, the strong resistance at 1.05284 proves to be a "formidable wall," with the EMA 34 (1.05095) and EMA 89 (1.05979) acting as significant barriers to upward momentum. Bearish signals persist, with the descending channel serving as a "slippery slope" that EURUSD struggles to climb. Failure to break through the 1.05284 resistance could trigger a significant drop, pushing prices to retest the 1.03878 support or even lower to 1.03000. The strengthening USD, following Trump's tariff announcements, has added pressure to EURUSD as safe-haven demand rises and economic strain mounts in Europe.
Short
by Sophi-A
Possible Test of Major SupportThe EUR/USD chart shows a clear bearish trend, with the price moving within a steady downtrend channel, being pushed down after each approach to the upper line of the channel. Recently, it seems that the price has tested the resistance level in the resistance area but failed and was rejected strongly, which shows the strength of the selling pressure in this price area. From the current price position, the next important support point is located at around 1.03500. If the price continues to decline and breaks this support level, it could lead to a deeper decline. Overall, the current trend for EUR/USD is negative, and traders should be wary of the possibility of further declines. Keeping a close eye on the support and resistance levels will help determine the appropriate times to enter or exit the market.
by Maria_aaa
Gap Analysis and Gap Filling PotentialThe EUR/USD chart shows a gap, which occurs when the price jumps across a certain range without any trading taking place between the two prices. Currently, the price pattern suggests that there is a possibility of a gap filling, meaning that the price could move back to fill the gap in the near future. This usually happens when the market reacts to a sudden and unsustainable price move. The gap filling is likely to occur if EUR/USD continues to decline and approaches the key support level at 1.0400, a point where many traders may use to re-price or place new buy orders. This is an important move to watch, as it could influence the short-term trend and momentum of the market.
by Maria_aaa
Recovery or Further Decline?The price zone of 1.06575 - 1.07100 (Fibonacci level 50%-61.8%) acts as strong resistance. This is also the area where the sellers are likely to increase pressure. Price action scenario: Currently, the price is in a recovery phase near the above resistance zone. If the sellers defend the 1.06575 zone well, the price will likely continue to decline sharply. Important support zone: The nearest support is at 1.04876, which coincides with the old bottom. If the price breaks this support, the next target will be the 1.02127 zone (Fibonacci extension level 1.618). Personal opinion: Wait for the price to return to the resistance zone of 1.06575 - 1.07100, look for a reversal signal here to enter a sell order. First target is 1.04876, further target at 1.02127. Stop loss above 1.07200 to avoid resistance break.
by Maria_aaa
Recovery Trap or Breakout Opportunity?On the EUR/USD 4-hour chart, the bearish bias remains dominant. The pair is attempting to recover from the recent low at 1.0540, however, the important resistance zone around the 34-EMA (1.0600) is holding back the upside momentum. If EUR/USD fails to overcome the resistance zone of 1.0600 - 1.0620 in the coming sessions, selling pressure will return strongly, pushing the price towards the support zone of 1.0550 and even 1.0500. On the contrary, a clear breakout above 1.0620 could open the door to a test of the 1.0650 zone, however, the upside outlook remains challenging amid the long-term downtrend. Trading Strategy: Short: When price fails to break above 1.0600, place a sell order with target at 1.0550 and further at 1.0500. Long: Consider buying if price breaks above 1.0620 with high volume, target at 1.0650.
by Maria_aaa
EURUSD: Consolidation Under Strong USD PressureEURUSD is currently in a consolidation phase, trading around 1.0555, with a descending triangle pattern dominating the short-term trend. The EMA 34 and EMA 89 lines above the current price act as dynamic resistance levels, increasing selling pressure. The critical support level at 1.0523 has been tested multiple times and remains a key threshold preventing a deeper decline. Meanwhile, the nearest resistance level is at 1.0570, and if the price breaks above this level, EURUSD could experience a short-term recovery targeting higher levels. However, if the descending trendline is not breached, the price may revisit the support area at 1.0523. The overall trend remains pressured by a strong USD, driven by expectations that the Fed will maintain high interest rates, while weak economic data from Europe continues to weigh on the EUR. Investors should closely monitor U.S. economic reports this week, particularly employment data and Fed statements, as these will be key factors in determining the next direction for this currency pair.
by Vanna-Cris
Price compression signals a strong trendCurrently, EUR/USD is trading around 1.0540, in a clear price compression zone. The 34 and 89 EMAs still show that the downtrend is dominant. The price remaining below these EMAs further reinforces the selling pressure in the market. Technical analysis: Nearby resistance: 1.0560 - the 34 EMA zone, where the price may face strong selling pressure if approached. Nearby support: 1.0520 - this is an important support level, if broken, it will trigger a stronger downtrend. Price pattern: The price is forming a symmetrical triangle structure, suggesting a possible breakout in the near future. Personal view: I see the market waiting for a decisive breakout. If it breaks below 1.0520, the next downside target will be 1.0480. Conversely, if the price breaks above 1.0560, it is likely to test 1.0600. However, with the downward pressure from the strong USD, I am leaning towards the bearish scenario. Trading Strategy: Sell: On a break below 1.0520, target 1.0480. Buy: On a break above 1.0560, target 1.0600.
by Maria_aaa
EURUSD : Sell ​​when the price decreases !The EUR/USD pair is currently facing a strong resistance zone around 1.0710, which could determine its next directional move. Recently, the pair has shown a bearish trend, with each attempt at recovery met by selling pressure at key levels. If sellers maintain control, there is potential for further declines toward lower support levels. From a technical perspective, the price has respected a descending trend and remains below the key moving averages, signaling continued downside risk. Should the resistance hold firm, a retest of recent lows or even a further slide could be anticipated.
Short
by Mr_Siro
EUR/USD Under Pressure, Wedge Signals More WeaknessLooking at the EUR/USD 4-hour chart, I see the pair forming a falling wedge pattern, signaling a possible continuation of the downtrend. With both the 34 and 89 EMAs above the price and sloping down, this suggests that selling pressure is still dominant. In the short term, a key support level could be found around 1.0500. If EUR/USD breaks this support level, it is likely to continue falling further, aiming for further targets in the 1.0400 area. Conversely, if there is a bounce from the bottom of the wedge, the pair could retest the resistance at the top of the wedge pattern.
by Maria_aaa
2
EUR/USD: Double Top Pattern Signals Strong Bearish MomentumLooking at the current EUR/USD chart, I see that a double top pattern has formed, marking a strong reversal in the trend. After hitting the resistance zone at 1.1200, the price rejected that high and dropped to the support zone around 1.0700. Currently, the pair is within this support zone, but there are signs of further downside. The EMA 34 and EMA 89 are both pointing down, reflecting that the downtrend is still dominant in the medium and long term. This shows that selling pressure is very strong and the price is likely to continue to correct further down. If the support zone at 1.0700 is completely broken, my next target is expected to be around 1.0500. This is an important psychological support zone, and if it continues to fail, selling pressure will push the price down even lower. In the short term, I will wait to see if the price recovers slightly, but the main strategy is still to wait to sell when the price breaks the support levels.
by Maria_aaa
EUR/USD Potential Support Break in Descending Triangle PatternBased on the current EUR/USD chart, I notice that the pair is moving within a descending triangle pattern, a potential sign of a continuation of the downtrend. This is reinforced by the position of the 34 EMA and 89 EMA, both of which are sloping down and above the current price. This bearish bias suggests that selling pressure is overwhelming the market. With EUR/USD continuing to decline within the triangle, I believe that there is a possibility that the price will break the support at the lower edge of the triangle, especially since the pair has failed to break above the 34 EMA. The next important support level could be around 1.0600. If it breaks, EUR/USD is likely to continue to decline further.
by Maria_aaa
EUR/USD Bearish Pressure, Testing SupportLooking at the current EUR/USD chart, I see that the pair is facing some pretty clear bearish pressure. After a sharp decline, the price has reached the support zone around 1.0700 and is currently showing signs of a slight recovery. However, it is worth noting that the resistance zone near 1.0800 - 1.0820 above, combined with the 34 and 89 EMAs, is likely to create strong selling pressure for EUR/USD. If the price fails to overcome this resistance level and shows signs of weakness, I expect a new bearish wave to form, pulling EUR/USD back down to the support zone at 1.0700 and possibly even lower to 1.0580. This is the next important support zone that I will be watching closely. In the current situation, my trading strategy will be to wait for price reaction at the resistance zone of 1.0800 - 1.0820. If price rejection signals appear, I will consider short-term sell orders with the nearest target at 1.0700 and a potential further target at 1.0580.
by Maria_aaa