Today
+0.17%
5 Days
-0.15%
1 Month
-1.26%
6 Months
-4.11%
Year to Date
-4.67%
1 Year
-3.48%
Opening Price
1.118Previous Closing Price
1.118
The upside prevails as long as 1.1181 is support, with 1.1239 and 1.1252 as targets
below 1.1181, expect 1.1160 and 1.1148.
The upside prevails as long as 1.1181 is support, with 1.1239 and 1.1252 as targets
Norman Liebke at Commerzbank notes the ECB delivered a widely expected pause, while Christine Lagarde signalled that another rate hike in December remains possible and largely priced in. The Euro’s path beyond December will hinge on energy prices and potential second-round effects on wages and inflation expectations. Higher bond yields already tighten financing conditions, limiting scope for an extended hiking cycle.
United Overseas Bank strategists Quek Ser Leang and Lee Sue highlight a strong EUR/USD rebound after an early New York selloff, shifting their stance from negative to cautiously constructive. The Euro (EUR) is now expected to probe higher resistance levels, with upside contingent on holding nearby supports, while a failure could see the pair revert to range trading rather than a sustained advance.
The EUR/USD pair trades in positive territory around 1.1190 during the early European trading hours on Friday. A hawkish pause from the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD).
The EUR/USD pair builds on the previous day's goodish rebound from the 1.1100 neighborhood, or a fresh low since May 2025, gaining positive traction for the third straight day on Friday.
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.