EUR/USD technical analysis: Fiber ending the day on its low near 1.1180 - USD strength is the main driver

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). Better-than-expected US housing data and corporate earnings along with higher US bond yields are helping USD to gain some traction and sending EUR/USD down to 1.1180.

EUR/USD 4-hour chart

EUR/USD remains stuck in the infamous 1.1180-1.1200 range of the last weeks and below its 200 SMA.

EUR/USD 30-minute chart

The market is trading below its main SMAs suggesting a bearish bias in the short term. Bears are challenging the 1.1180 support. A sustained break below the level can see a move to 1.1140 and 1.1110 to the downside. Resistance is seen at 1.1220 and 1.1245 levels.

Additional key levels

EUR/USD

Overview
Today last price	1.1174
Today Daily Change	-0.0030
Today Daily Change %	-0.27
Today daily open	1.1204

Trends
Daily SMA20	1.1201
Daily SMA50	1.1246
Daily SMA100	1.1316
Daily SMA200	1.1398

Levels
Previous Daily High	1.1226
Previous Daily Low	1.1178
Previous Weekly High	1.1254
Previous Weekly Low	1.1166
Previous Monthly High	1.1326
Previous Monthly Low	1.1111
Daily Fibonacci 38.2%	1.1196
Daily Fibonacci 61.8%	1.1207
Daily Pivot Point S1	1.1179
Daily Pivot Point S2	1.1155
Daily Pivot Point S3	1.1132
Daily Pivot Point R1	1.1227
Daily Pivot Point R2	1.125
Daily Pivot Point R3	1.1274

Author

Flavio Tosti

Independent Analyst

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.