1.112
Today
-0.71%
5 Days
-1.25%
1 Month
-4.14%
6 Months
-5.45%
Year to Date
-5.34%
1 Year
-3.91%
Opening Price
1.120Previous Closing Price
1.120
The downside prevails as long as 1.1139 is resistance, with 1.1089 and 1.1078 as targets
above 1.1139, look for 1.1159 and 1.1171.
The downside prevails as long as 1.1139 is resistance, with 1.1089 and 1.1078 as targets
EUR/USD extends its decline on Wednesday, losing 0.55% on the day to trade around 1.1135 at the time of writing, its lowest level since May 2025.
• Widening interest-rate differentials and hawkish Federal Reserve expectations favor the U.S. dollar. • Sluggish euro-area macroeconomic momentum and French fiscal uncertainty undermine single currency demand. • Technical indicators show a MACD sell signal and RSI sell condition.
The Euro (EUR) trades marginally lower at around 1.1190 against the US Dollar (USD) during the European trade on Wednesday after retreating from its day’s high of 1.1211.
Geoff Yu notes that custody clients tracked by BNY Mellon’s iFlow have shifted back to net short Euro, with hedging activity driving a rotation out of the Eurozone into Switzerland, Nordic economies and the U.K.
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect US CPI to print slightly above consensus, reinforcing the Dollar’s support. They see scope for some Dollar re-strengthening as markets reassess October Federal Reserve hike odds, even if pricing may not exceed 50%.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.