EUR/USD Price Analysis: Parity at the end of the tunnel?

EUR/USD clinches new lows in the sub-1.0200 area.
The pair enters oversold territory and could spark a bounce.

Pablo Piovano FXStreet

EUR/USD loses further ground and drops to nearly 2-decade lows in the 1.0170 region on Monday.

The sell-off in the pair stays everything but abated midweek amidst an increasing negative outlook. Against that, there is a minor support level at 1.0060 (low December 11 2002). The breakdown of the latter should herald a visit to the key parity area.

In the longer run, the pair’s bearish view is expected to prevail as long as it trades below the 200-day SMA at 1.1085.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0187
Today Daily Change	110
Today Daily Change %	-0.82
Today daily open	1.0271

Trends
Daily SMA20	1.0501
Daily SMA50	1.0559
Daily SMA100	1.0782
Daily SMA200	1.1094

Levels
Previous Daily High	1.0449
Previous Daily Low	1.0235
Previous Weekly High	1.0615
Previous Weekly Low	1.0366
Previous Monthly High	1.0774
Previous Monthly Low	1.0359
Daily Fibonacci 38.2%	1.0317
Daily Fibonacci 61.8%	1.0367
Daily Pivot Point S1	1.0188
Daily Pivot Point S2	1.0105
Daily Pivot Point S3	0.9974
Daily Pivot Point R1	1.0402
Daily Pivot Point R2	1.0532
Daily Pivot Point R3	1.0615

Author

Pablo Piovano

FXStreet

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

AUD/USD remains depressed near 0.6950 after RBA minutes

AUD/USD attracts follow-through selling during Tuesday’s Asian session, looking to extend the overnight rejection slide from 0.7000, or a two-week top, following the release of RBA meeting Minutes. The US Dollar retains a bullish undertone near its highest level since April 2025 as energy-driven inflation risks keep December Fed rate hike bets firmly on the table. Adding to this, geopolitical risks further underpin the safe-haven USD.

USD/JPY extends retreat below 158.50 as intervention risks loom

USD/JPY is dropping below 158.50 in the Asian session on Tuesday, snapping a two-day winning streak and pulling back from an over two-week top touched the previous day, despite Japan's soft PPI inflation print. Bulls turn cautious amid speculation that authorities will step in to prop up the Japanese Yen, which, in turn, weighs on the pair.

Gold advances to $4,200 amid retreating USD; Fed hike bets to cap further gains

Gold builds on its modest intraday move up and hits a fresh daily high around the $4,200 neighborhood during the Asian session. The US Dollar retreats from its highest level since April 2025 amid some profit-taking, offering support to the commodity. However, the US Federal Reserve's hawkish stance and escalating Middle East conflicts could limit deeper losses for the safe-haven buck.

Cardano: Retail support wanes as ADA tests a make-or-break level

Cardano price is up nearly 2% at press time on Tuesday, holding above its 50-day Exponential Moving Average (EMA) at $0.2302 and a near-term rising support trendline at $0.2264. ADA is losing retail demand in the derivatives market as its futures Open Interest declines and funding rates flip negative.

Indian Rupee gains further on RBI’s fresh measures to lower US Dollar’s demand

The Indian Rupee extends the Monday’s advance against the US Dollar on Tuesday, driven by the announcement of fresh Reserve Bank of India’s US Dollar-related measures to shore up the domestic currency. In the opening session, the USD/INR pair tumbles 0.6% to near 95.00, the lowest level seen in over a month.

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin (BTC) on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?