|

EUR/USD Technical Analysis: Fiber looking for near-term lift from 1.1400

EUR/USD M5

Hourly candles see the Euro trapped in a heavy cyclical pattern circling the 1.1400 handle, after picking up from recent lows at the 1.1300 major level, and the 200-hour moving average is providing support from 1.1380.

EUR/USD H1

In the longer-term, the Fiber is struggling to halt a long-term bear trend, and consolidation at the 50-day moving average is likely to see further declines.

EUR/USD H4

EUR/USD

Overview:
    Last Price: 1.141
    Daily change: 2.0 pips
    Daily change: 0.0175%
    Daily Open: 1.1408
Trends:
    Daily SMA20: 1.1456
    Daily SMA50: 1.1563
    Daily SMA100: 1.1587
    Daily SMA200: 1.1862
Levels:
    Daily High: 1.1424
    Daily Low: 1.1353
    Weekly High: 1.1456
    Weekly Low: 1.1302
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1397
    Daily Fibonacci 61.8%: 1.138
    Daily Pivot Point S1: 1.1366
    Daily Pivot Point S2: 1.1324
    Daily Pivot Point S3: 1.1296
    Daily Pivot Point R1: 1.1437
    Daily Pivot Point R2: 1.1466
    Daily Pivot Point R3: 1.1507

Author

Joshua Gibson

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

More from Joshua Gibson
Share:

Editor's Picks

EUR/USD softens below 1.1800 on Fed hawkish remarks

The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies. 

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 consolidates below $5,150 as traders await Trump's State of the Union address

Gold steadies below the $5,150 level following the previous day's pullback from the monthly peak as traders opt to wait on the sidelines ahead of Trump's State of the Union address. In the meantime, trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion. However, the Fed's less hawkish outlook underpins the US Dollar, which, along with a positive risk tone, caps the upside for the non-yielding yellow metal.

Coinbase launches stocks and ETF trading amid ongoing plans for all-in-one platform

Coinbase has launched stocks and ETF trading for US customers on its platform, according to an X post on Tuesday. The service offers commission-free trading available 24 hours a day, five days a week, for eligible securities. Traders deposit US dollars or USDC to fund positions and access fractional shares as low as $1. 

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.