EUR/USD Price Analysis: Quarter-end flows support US dollar, Fiber trades near 1.1000 handle

EUR/USD is consolidating last week’s advance near the 1.1000 figure.
EUR/USD is on track to have a second consecutive bearish day.

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is retreating down from last week’s high as the spot is consolidating near the 1.1000 figure and the 50 DMA (daily simple moving average) as DXY is stabilizing. Quarter-end flows are for now benefitting USD.

EUR/USD four-hour chart

The euro is consolidating last week’s bullish run near the 1.1000 psychological level and the 200 SMA on the four-hour chart. The market is weakneing and a daily close below the 1.1000/1.0972 can point to further declines towards the 1.0880 level, according to the Technical Confluences Indicator. Resistance is seen near the 1.1046, 1.1091 and 1.1130 levels.

Resistance: 1.1046, 1.1091, 1.1130

Support: 1.1000, 1.0972, 1.0880

Additional key levels

EUR/USD

Overview
Today last price	1.0985
Today Daily Change	-0.0062
Today Daily Change %	-0.56
Today daily open	1.1047

Trends
Daily SMA20	1.1062
Daily SMA50	1.0999
Daily SMA100	1.1049
Daily SMA200	1.108

Levels
Previous Daily High	1.1144
Previous Daily Low	1.101
Previous Weekly High	1.1147
Previous Weekly Low	1.0636
Previous Monthly High	1.1089
Previous Monthly Low	1.0778
Daily Fibonacci 38.2%	1.1061
Daily Fibonacci 61.8%	1.1093
Daily Pivot Point S1	1.099
Daily Pivot Point S2	1.0933
Daily Pivot Point S3	1.0856
Daily Pivot Point R1	1.1124
Daily Pivot Point R2	1.1201
Daily Pivot Point R3	1.1258

Author

Flavio Tosti

Independent Analyst

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.