|

EUR/USD Price Analysis: Further losses likely below parity

  • EUR/USD treads water in the sub-0.9900 region on Thursday.
  • Further pullbacks remain on the cards while below parity.

EUR/USD trades without a clear direction below the 0.9900 region on Thursday.

The pair failed to test/surpass the parity level in the last couple of sessions, opening the door to further weakness in the short-term horizon.

Ideally, EUR/USD should leave behind that key resistance zone in the near term to allow for the continuation of the rebound. The inability to break above the parity zone could leave the pair vulnerable to further pullbacks. That said, another visit to the 20-year low in the mid-0.9500s should not be ruled out for the time being.

In the longer run, the pair’s bearish view should remain unaltered while below the 200-day SMA at 1.0625.

EUR/USD daily chart

EUR/USD

Overview
Today last price0.988
Today Daily Change71
Today Daily Change %0.05
Today daily open0.9875
 
Trends
Daily SMA200.9887
Daily SMA501.0014
Daily SMA1001.0228
Daily SMA2001.0634
 
Levels
Previous Daily High0.9995
Previous Daily Low0.9835
Previous Weekly High0.9854
Previous Weekly Low0.9536
Previous Monthly High1.0198
Previous Monthly Low0.9536
Daily Fibonacci 38.2%0.9896
Daily Fibonacci 61.8%0.9934
Daily Pivot Point S10.9808
Daily Pivot Point S20.9741
Daily Pivot Point S30.9648
Daily Pivot Point R10.9968
Daily Pivot Point R21.0062
Daily Pivot Point R31.0129

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

More from Pablo Piovano
Share:

Editor's Picks

EUR/USD softens below 1.1800 on Fed hawkish remarks

The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies. 

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold stays firm above $5,150 as Trump's delivers State of the Union speech

Gold finds fresh demand and regains the $5,150 level following the previous day's pullback from the monthly peak as traders assess Trump's State of the Union address. Trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion. 

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product, offering investors exposure to the token's price and staking yields.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.