|

EUR/USD Technical Analysis: recovery could extend to the 100-day SMA at 1.1128

  • EUR/USD is rebounding from recent lows in the 1.1070 region after two consecutive daily pullbacks.
  • Despite the ongoing recovery, Thursday’s bearish ‘outside day’ remains well in place and still points to further losses in the near term.
  • That said, a deeper pullback should see the 55-day SMA at 1.1042 retested. This area of support is reinforced by the proximity of the 21-day SMA, today at 1.1036.
  • On the upside, the 100-day SMA at 1.1128 emerges as the initial target.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.1094
Today Daily Change21
Today Daily Change %0.13
Today daily open1.108
 
Trends
Daily SMA201.1036
Daily SMA501.1036
Daily SMA1001.1132
Daily SMA2001.1204
 
Levels
Previous Daily High1.1124
Previous Daily Low1.1072
Previous Weekly High1.1063
Previous Weekly Low1.0941
Previous Monthly High1.111
Previous Monthly Low1.0885
Daily Fibonacci 38.2%1.1092
Daily Fibonacci 61.8%1.1105
Daily Pivot Point S11.106
Daily Pivot Point S21.104
Daily Pivot Point S31.1008
Daily Pivot Point R11.1112
Daily Pivot Point R21.1144
Daily Pivot Point R31.1164

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

More from Pablo Piovano
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD eyes 1.1800 barrier near two-month highs

EUR/USD extends its gains for the second successive session, trading around 1.1780 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index at 68.89 sits near overbought, signaling strong demand. RSI remains elevated, which could cap gains if overbought conditions emerge.

GBP/USD knocks ten-week highs ahead of holiday slowdown

GBP/USD found room on the high side on Monday, kicking off a holiday-shortened trading week with a fresh spat of Greenback weakness, bolstering the Pound Sterling into its highest bids in ten weeks. Pound traders are largely brushing off the latest interest rate cut from the Bank of England as the UK’s central bank policy strategy leaves the water murky for rate-cut watchers.

Gold bulls seem unstoppable amid supportive fundamental backdrop

Gold is seen building on the previous day's strong rally of over 2% and continues scaling new all-time highs for the second consecutive day on Tuesday. The commodity climbs closer to the $4,500 psychological mark during the Asian session and remains well supported by a combination of factors. 

Uniswap holds above $6 as traders eye UNIfication vote outcome

Uniswap price holds above $6 at the time of writing on Tuesday after closing above a key resistance zone in the previous week. Traders are focusing on the highly anticipated UNIfication proposal, which is set to conclude on Thursday, and could become a key near-term catalyst. On the technical side, momentum indicators are flashing bullish signals, hinting at an upside rally.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.