|

EUR/USD technical analysis: Euro rolling into the Asian session above the 1.1000 figure

  • EUR/USD is appreciating on the back of USD weakness. 
  • The market is challenging the 1.1023/35 resistance zone. 
 

EUR/USD daily chart

 
On the daily chart, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market is ending Tuesday near Monday’s highs.

EUR/USD four-hour chart

 
EUR/USD is trading below the main SMAs, suggesting a bearish bias in the medium term. However, the market is challenging the 1.1023/35 resistance zone. A break above it can lead to 1.1075 price level, according to the Technical Confluences Indicator.
 
  
  

EUR/USD 30-minute chart

 
The market is challenging the 200 SMA on the 30-minute chart. Support is at the 1.1000 level and the 1.0985 level, according to the Technical Confluences Indicator. 
 

Additional key levels

EUR/USD

Overview
Today last price1.1019
Today Daily Change0.0025
Today Daily Change %0.23
Today daily open1.0994
 
Trends
Daily SMA201.1033
Daily SMA501.1105
Daily SMA1001.1174
Daily SMA2001.1252
 
Levels
Previous Daily High1.1026
Previous Daily Low1.0966
Previous Weekly High1.1084
Previous Weekly Low1.099
Previous Monthly High1.1251
Previous Monthly Low1.0962
Daily Fibonacci 38.2%1.0989
Daily Fibonacci 61.8%1.1003
Daily Pivot Point S11.0965
Daily Pivot Point S21.0936
Daily Pivot Point S31.0906
Daily Pivot Point R11.1024
Daily Pivot Point R21.1054
Daily Pivot Point R31.1083

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD shifts its attention to 1.1900 and above

EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as  Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.
 

GBP/USD challenges multi-day highs near 1.3530

GBP/USD leaves behind the previous day’s decline and regains fresh upside traction on Wednesday, surpassing the 1.3500 barrier in a context of a modest decline in the Greenback and a generalised improved mood in the risk-linked space. Meanwhile, the US tariff narrative continues to dictate the mood among market participants after Presidet Trump’s SOTU speech failed to surprise markets.

Gold remains bid and close to $5,200

Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.

UK financial watchdog advances stablecoin oversight as four firms pilot issuance

The Financial Conduct Authority (FCA) in the United Kingdom (UK) is advancing toward the final stablecoin regulatory framework with a pilot program involving four companies, including Monee, Financial Technologies ReStabilise, Revolut and VVTX.

Nvidia earnings to influence AI trade and broader market sentiment

For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.