EUR/USD technical analysis: Fiber consolidates losses below 1.1230 resistance

EUR/USD is consolidating the recent losses just below 1.1230 resistance.
The level to beat for bears are at 1.1200 followed by 1.1164 to the downside.

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is hovering near the 1.1200 figure below its main daily simple moving average (DSMA).

EUR/USD 4-hour chart

EUR/USD is trading below 1.1250 resistance and its main SMAs. The bears want to break below 1.1200 to potentialy reach 1.1164 and 1.1120, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart

EUR/USD is consolidating losses below 1.1230 resistance and the 100/200 SMAs, all-in-all suggesting a bearish bias. Immediate resistances are seen near 1.1230 and 1.1250, according to the Technical Confluences Indicator.

Additional key levels

EUR/USD

Overview
Today last price	1.1216
Today Daily Change	0.0006
Today Daily Change %	0.05
Today daily open	1.121

Trends
Daily SMA20	1.129
Daily SMA50	1.1244
Daily SMA100	1.1253
Daily SMA200	1.1323

Levels
Previous Daily High	1.1266
Previous Daily Low	1.1202
Previous Weekly High	1.1286
Previous Weekly Low	1.1193
Previous Monthly High	1.1414
Previous Monthly Low	1.116
Daily Fibonacci 38.2%	1.1226
Daily Fibonacci 61.8%	1.1241
Daily Pivot Point S1	1.1186
Daily Pivot Point S2	1.1162
Daily Pivot Point S3	1.1122
Daily Pivot Point R1	1.125
Daily Pivot Point R2	1.129
Daily Pivot Point R3	1.1314

Author

Flavio Tosti

Independent Analyst

EUR/USD clings to gains around 1.1800

EUR/USD manages to regain composure and retests the 1.1800 region in quite a positive start to the week. The pair’s bounce follows the US Dollar’s offered stance post-SCOTUS ruling ahead of important US data and Fedspeak on Tuesday.

GBP/USD looks stuck around 1.3500 amid firm gains

GBP/USD is pushing further north on Monday, revisiting the 1.3500 hurdle and beyond. Cable’s uptick is largely being fuelled by the broader softness in the Greenback, amid lingering uncertainty around tariffs.

Gold pops above $5,200, four-week highs

Gold is holding onto its bullish tone on Monday, reaching new multi-week highs just past the $5,200 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Ethereum Price Forecast: BitMine's holdings reach 4.42 million ETH as Fundstrat predicts 87% win-ratio

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) scooped up 51,162 ETH last week, marking its largest purchase since December.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.