EUR/USD Price Analysis: Upside still looks to 1.2250

EUR/USD looks volatile and stays capped by the 1.2240 region so far.
Focus now is on recent tops around 1.2250 (May 19).

Pablo Piovano FXStreet

EUR/USD charts an inconclusive session so far, although it manages well to keep business above 1.2200 the figure on Friday.

In the meantime, the buying bias remains well and sound for the time being. Against this backdrop, a surpass of the 1.2250 region should allow for a probable assault to the YTD peaks in the 1.2350 area (January 6).

The constructive stance on EUR/USD is forecast to remain intact as long as the pair trades above the 200-day SMA, today at 1.1962.

Of note, however, is that the daily RSI did not confirm the recent peaks, which is indicative that a deeper move could be in the offing in the short-term.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.2219
Today Daily Change	30
Today Daily Change %	-0.07
Today daily open	1.2228

Trends
Daily SMA20	1.2111
Daily SMA50	1.198
Daily SMA100	1.2043
Daily SMA200	1.1966

Levels
Previous Daily High	1.2229
Previous Daily Low	1.2169
Previous Weekly High	1.2182
Previous Weekly Low	1.2052
Previous Monthly High	1.215
Previous Monthly Low	1.1713
Daily Fibonacci 38.2%	1.2206
Daily Fibonacci 61.8%	1.2192
Daily Pivot Point S1	1.2188
Daily Pivot Point S2	1.2149
Daily Pivot Point S3	1.2128
Daily Pivot Point R1	1.2248
Daily Pivot Point R2	1.2269
Daily Pivot Point R3	1.2308

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.

EUR/USD rises to 1.1800 neighborhood amid renewed USD selling and trade uncertainties

The EUR/USD pair regains positive traction during the Asian session on Wednesday and jumps to the 1.1800 neighborhood in the last hour, reversing the previous day's modest losses. The intraday move up is sponsored by the emergence of fresh US Dollar, which continues to be weighed down by persistent trade-related uncertainties.

GBP/USD remains stronger above 1.3500 following Trump’s State of the Union

GBP/USD remains in the positive territory for the fourth successive session, trading around 1.3510 during the Asian hours on Wednesday. The pair appreciates as the US Dollar remains subdued following US President Donald Trump’s first State of the Union address of his second administration before a joint session of Congress.

Gold re-attempts $5,200 amid tariffs and geopolitical woes

Gold buyers are back in the game early Wednesday after seeing a correction from monthly highs on Tuesday. The US Dollar slips after Trump’s SOTU fails to impress and as AI-driven worries ease. Dovish Fed bets also weigh. Gold looks north so long as the key 61.8% Fibo resistance at $5,142 holds on the daily chart.

Bitcoin, Ethereum and Ripple post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week. BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.

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.