EUR/USD Technical Analysis: Euro testing last week lows as bears keep the market below 1.1500 figure

EUR/USD is trading in a bear trend below the 200-period simple moving average.
EUR/USD is trading about 30-pips away from last week low at the 1.1430 level. The market remains weak with the RSI, MACD and Stochastic indicators in bearish territories. A break below 1.1430 would open the doors to 1.1400 and potentially the 2018 low at 1.1300 figure.
However, a breakout above 1.1500 would be a warning signal for bears.

Flavio Tosti Independent Analyst

EUR/USD 4-hour chart

Spot rate: 1.1460
Relative change: 0.07%
High: 1.1477
Low: 1.1433

Main trend: Bearish

Resistance 1: 1.1500 figure and October 2 swing low
Resistance 2: 1.1530 August 23 swing low (key level)
Resistance 3: 1.1569 Sept. 28 low
Resistance 4: 1.1600 figure
Resistance 5: 1.1630 August 8 high key level
Resistance 6: 1.1654 August 27 high

Support 1: 1.1463 October 4 low
Support 2: 1.1430 October 9 low
Support 3: 1.1400 figure

Author

Flavio Tosti

Independent Analyst

EUR/USD risks a deeper drop below 1.1750

EUR/USD keeps its vacillating mood in place as the the NA session drwas to a close on Tuesday, hovering below the 1.1800 hurdle amid acceptable gains in the US Dollar. In the meantime, market participants and the FX galaxy are expected to closely follow President Trump’s SOTU speech around 2AM GMT.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold appears offered around $5,150

Gold is giving back a good portion of the recent multi-day rally, receding to the $5,150 zone per troy ounce amid the decent bounce in the US Dollar and mixed US Treasuty yields. In the meantime, markets’ attention remain on upcoming comments from Fed speakers.

Australia CPI to highlight persistent price pressures, backing a hawkish outlook

Australia will release its key set of inflation figures for the month of January on Wednesday, with the Consumer Price Index expected to rise by 3.7%, slightly lower than the 3.8% in the last month of 2025.

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.