1.119
Today
+0.34%
5 Days
-0.25%
1 Month
-3.49%
6 Months
-4.49%
Year to Date
-4.71%
1 Year
-3.62%
Opening Price
1.115Previous Closing Price
1.115
Even if a technical recovery cannot be ruled out, a drop towards 1.1137 remains likely as long as 1.1193 is resistance
above 1.1193, look for 1.1213 and 1.1225.
Even if a technical recovery cannot be ruled out, a drop towards 1.1137 remains likely as long as 1.1193 is resistance
ING’s Francesco Pesole writes that EUR/USD is moderately undervalued versus short-term fundamentals, reflecting a persistent France-related risk premium that could widen if French bonds sell off further. He sees a challenging backdrop for Euro bulls, expects a possible test of 1.110, and notes that ING has revised its EUR/USD forecast down to 1.13 for the fourth quarter of 2026 and first quarter of 2027.
The Euro (EUR) shows moderate gains on Tuesday, rather due to the US Dollar’s (USD) weakness than intrinsic Euro strength.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight ongoing Euro (EUR) weakness against the US Dollar (USD), with EUR/USD at fresh 17‑month lows. Intraday, further losses are possible but seen contained within 1.1145–1.1185.
The EUR/USD pair holds positive ground near 1.1175 during the early European trading hours on Tuesday. Nonetheless, hawkish Federal Reserve (Fed) expectations and higher US Treasury bond yields could underpin the US Dollar (USD) and act as a headwind for the major pair.
The EUR/USD pair gains ground to near 1.1165 during the early Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid growing fiscal and political instability in France. All eyes will be on the key US inflation reports later this week.
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.
