Today
-0.12%
5 Days
-0.81%
1 Month
-2.04%
6 Months
-4.88%
Year to Date
-5.16%
1 Year
-4.40%
Opening Price
1.115Previous Closing Price
1.115
The downside prevails as long as 1.1172 is resistance, with 1.1113 and 1.1101 as targets
above 1.1172, look for 1.1192 and 1.1204.
The downside prevails as long as 1.1172 is resistance, with 1.1113 and 1.1101 as targets
UOB strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has shifted into a short-term range phase after rebounding to 1.1152. For the next 24 hours they see consolidation between 1.1120 and 1.1190. Over a 1–3 week horizon, a sustained decline requires a break and close below 1.1110, while a corrective recovery could eventually extend above the 21-day EMA at 1.1280.
The EUR/USD pair meets with fresh supply during the Asian session on Thursday, stalling the previous day's modest recovery from the 1.1110 area, or its lowest level since May 2025 amid the emergence of some US Dollar (USD) buying.
EUR/USD depreciates after registering modest gains in the previous day, trading around 1.1140 during Asian hours on Thursday. The pair loses ground as the US Dollar (USD) bounces back from the previous day's losses after the Federal Reserve (Fed) kept interest rates unchanged.
The European Central Bank (ECB) decides on Thursday with EUR/USD a short way above a low it has hit twice, on October 14 and again on Wednesday. Wednesday's visit, just above 1.1100, followed five straight losing sessions.
The US Dollar (USD) has come under fresh downside pressure on Wednesday, as investors continued to digest the latest FOMC event and the mixed performance of US Treasury yields across the curve.
After the Fed's hold, Thursday's decision from the European Central Bank (ECB) is the week's last chance to change EUR/USD's rate gap, and a hold is expected there too. The pair rose on the statement and won back part of a slide from the session high just above 1.1150.
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.
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