EUR/USD Price Analysis: Some consolidation appears on the table

EUR/USD partially reverses Monday’s marked gains.
The pair could trade in a range bound theme in the short term.

Pablo Piovano FXStreet

EUR/USD fades the earlier bullish attempt to the 1.0580 region on Tuesday.

In case bulls regain the upper hand, the pair should surpass the monthly peak of 1.0639 (October 12) to allow for extra gains to, initially, the interim 55-day SMA at 1.0735 ahead of the weekly top of 1.0767 (September 12).

Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.055
Today Daily Change	47
Today Daily Change %	-0.10
Today daily open	1.0561

Trends
Daily SMA20	1.0571
Daily SMA50	1.0721
Daily SMA100	1.0832
Daily SMA200	1.0824

Levels
Previous Daily High	1.0563
Previous Daily Low	1.0511
Previous Weekly High	1.064
Previous Weekly Low	1.0496
Previous Monthly High	1.0882
Previous Monthly Low	1.0488
Daily Fibonacci 38.2%	1.0543
Daily Fibonacci 61.8%	1.0531
Daily Pivot Point S1	1.0527
Daily Pivot Point S2	1.0493
Daily Pivot Point S3	1.0475
Daily Pivot Point R1	1.0579
Daily Pivot Point R2	1.0597
Daily Pivot Point R3	1.063

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.

GBP/USD slips back below 1.3200

GBP/USD remains well on the defensive, sliding to the sub-1.3200 area once again on Tuesday. Cable’s decline comes as investors assess the political uncertainty in the UK, coupled with softer-than-expected UK PMI data and the better tone in the Greenback.

EUR/USD breaks below 1.1400 to hit fresh 2026 lows

EUR/USD comes under fresh and strong selling pressure on Tuesday, slipping below 1.1400 to its weakest level since June 2025. Mixed PMIs readings from Germany and the Eurozone offered little support to the single currency, while a risk-off tone across markets and stronger-than-expected US data boosted demand for the US Dollar.

Gold drops to multi-day lows, focus is now on $4,000

Gold rapidly reverses Monday's bounce and is trading sharply lower on Tuesday. The yellow metal, however, manages well to keep business above the $4,100 mark per troy ounce despite a firmer US Dollar and expectations that the Fed will keep rates higher for longer.

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The cryptocurrency market is losing momentum and liquidity due to the lack of a bullish catalyst. In an exclusive interview with FXStreet, Georg Harer, co-CEO at Bybit EU, says that the Markets in Crypto-Assets (MiCA) regulations could inject liquidity into the crypto market from traditional fund houses.

"Rearranging the deckchairs on the Titanic": UK's fiscal crisis outlasts another Prime Minister

Keir Starmer's resignation as the UK Prime Minister comes ten years after the Brexit referendum vote, a coincidence that financial markets have been quick to note. The British Pound trades around 1.3220 against the US Dollar on Thursday.

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.