1.116
Today
+0.04%
5 Days
-0.55%
1 Month
-3.78%
6 Months
-4.77%
Year to Date
-4.99%
1 Year
-3.91%
Opening Price
1.115Previous Closing Price
1.115
The downside prevails as long as 1.1174 is resistance, with 1.1131 and 1.1119 as targets
above 1.1174, look for 1.1194 and 1.1206.
The downside prevails as long as 1.1174 is resistance, with 1.1131 and 1.1119 as targets
The Euro extends its losses against the US Dollar on Monday, even falling below the psychological 1.1200 level as sellers step in following hawkish comments from a Fed policymaker and growing geopolitical concerns on two fronts: the US-Iran war and Russia’s invasion of Ukraine.
Deutsche Bank’s Robin Winkler reviews Germany’s consensus outlook, where GDP growth is seen near 1% in 2027 before sliding towards 0% by 2030 as demographics weigh on potential growth.
EUR/USD gives up its earlier gains on Monday as the US Dollar (USD) remains firmly bid across the board, while French political and fiscal uncertainty weighs on the Euro (EUR). At the time of writing, the pair trades around 1.1178, retreating from an intraday high of 1.1217.
The Euro (EUR) has resumed its broader bearish trend against the British Pound (GBP) on Monday after a mild recovery attempt at the end of last week.
The EUR/USD pair struggles to gain any meaningful traction on Monday, trading around the 1.1200 mark, or nearly unchanged for the day during the early European session.
MUFG’s Lee Hardman highlights that the Euro (EUR) remains near recent lows around 1.1200 against the Dollar, pressured by fiscal and political concerns in the Euro area, especially France. IMM data show leveraged funds rebuilding short Euro positions.
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.