EURUSD Technical Analysis

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EURUSD Technical Analysis: Key Patterns and Market News Driving the Price
15Dec

EURUSD Technical Analysis: Key Patterns and Market News Driving the Price

Over the past three trading days, EURUSD has traded steadily within the 1.17 to 1.18 range, closing yesterday at 1.17373. The currency pair has been supported by Goldman Sachs’ forecast of a continued dollar slide and Federal Reserve officials hinting at a pause in easing. Euro nears a two and a half month high amid cautious yet optimistic market sentiment. However, ongoing political uncertainties in France and U.S. bond yield movements have kept some downward pressure. For average investors, this means the market is waiting for decisive Fed policy signals with the pair likely to remain range-bound in the short term. These insights combined with recent technical setups provide valuable guidance for EURUSD trading outlook.

EURUSD Breaks Key Resistance: Strong Technical Patterns Signal Bullish Trading Outlook
12Dec

EURUSD Breaks Key Resistance: Strong Technical Patterns Signal Bullish Trading Outlook

Over the past three trading days, EURUSD has demonstrated a clear upward trajectory, slightly edging above yesterday’s close of 1.17416. Market sentiment this week was driven by the Federal Reserve’s rate cut and soft US employment data, which weakened the US dollar and propelled the Euro to a nine-week high. For investors, the intersection of Fed policy shifts and contrasting US-Europe economic data forms the core momentum behind the current price movement. Both novice and seasoned traders should closely watch technical signals and market news to capitalize on short- to medium-term trading opportunities.

EURUSD Technical & Fundamental Analysis: Sideways Consolidation Ahead of Key Fed Decision
10Dec

EURUSD Technical & Fundamental Analysis: Sideways Consolidation Ahead of Key Fed Decision

EURUSD has remained in a sideways trading range over the past three days, closing yesterday at 1.16279. Market sentiment is dominated by anticipation of the upcoming Federal Reserve (Fed) interest rate decision and Powell’s remarks. Investors are cautious, resulting in limited price volatility. Short-term upside exists, but rising U.S. bond yields and geopolitical risks, particularly in France, pose downside threats. For average investors, the current EURUSD price action is like waiting at a traffic light before a major news event—prudent to hold and watch key support levels closely.

EURUSD: Breakout Above Key Resistance Sparks Bullish Momentum – Trading Outlook and Technical Patterns
08Dec

EURUSD: Breakout Above Key Resistance Sparks Bullish Momentum – Trading Outlook and Technical Patterns

Over the past three trading days, EURUSD has exhibited notable volatility and price breakout momentum. Yesterday’s close at 1.16406 kept the pair near recent highs. Market mood shifted primarily due to growing expectations of a Federal Reserve rate cut and reassuring Eurozone economic data, providing solid support for the euro. Weak U.S. ADP jobs data pressured the dollar, pushing EURUSD above a critical resistance at 1.1660. For average investors, this means a strengthening euro against a weaker dollar amid key macroeconomic developments. The upcoming Fed decision remains a vital event shaping the near-term price direction.

EURUSD: Breakout Amid Fed Rate Cut Bets Drives Bullish Trading Outlook
05Dec

EURUSD: Breakout Amid Fed Rate Cut Bets Drives Bullish Trading Outlook

Over the past three trading days, EURUSD showcased notable volatility, rising from yesterday’s close near 1.1649 to an intraday high of 1.1675. The key driver behind this move is the market’s growing expectation of an 85% probability of Federal Reserve rate cuts, which weighed heavily on the US dollar and boosted the euro. Additionally, slightly better-than-expected Eurozone factory orders and industrial production data supported the EURUSD rally. From an investor’s perspective, this means increased pressure on the USD and potential continuation of the EUR bullish momentum, making pullbacks to key support levels attractive for long entries. Upcoming US and Eurozone data, especially US personal consumption and consumer sentiment figures, remain crucial for the next directional cues.

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EURUSD: Breakout Amid Fed Rate Cut Bets Drives Bullish Trading Outlook
05Dec

EURUSD: Breakout Amid Fed Rate Cut Bets Drives Bullish Trading Outlook

Over the past three trading days, EURUSD showcased notable volatility, rising from yesterday’s close near 1.1649 to an intraday high of 1.1675. The key driver behind this move is the market’s growing expectation of an 85% probability of Federal Reserve rate cuts, which weighed heavily on the US dollar and boosted the euro. Additionally, slightly better-than-expected Eurozone factory orders and industrial production data supported the EURUSD rally. From an investor’s perspective, this means increased pressure on the USD and potential continuation of the EUR bullish momentum, making pullbacks to key support levels attractive for long entries. Upcoming US and Eurozone data, especially US personal consumption and consumer sentiment figures, remain crucial for the next directional cues.

EURUSD: Wedge Breakout Confirms Bullish Momentum – Trading Outlook and Key Support Resistance Levels
03Dec

EURUSD: Wedge Breakout Confirms Bullish Momentum – Trading Outlook and Key Support Resistance Levels

Over the past three trading days, EURUSD has consolidated around the 1.1600 level, closing yesterday at 1.16285. Influenced by Natixis’ recent forecast, the market holds a bullish outlook on the euro, expecting EURUSD to strengthen through 2026 amid dollar weakness and softer US fundamentals. The technical structure reveals a breakout from a wedge consolidation pattern, signaling buyer control. For the average investor, this suggests near-term volatility but solid medium-to-long-term upside potential, especially while awaiting key Eurozone economic data like the services PMI. This report unpacks technical patterns and vital support and resistance levels to help sharpen your trading strategy.

EURUSD: Key 1.16 Support Under Pressure Amid Mixed Eurozone Inflation and Fed Rate Cut Bets
30Nov

EURUSD: Key 1.16 Support Under Pressure Amid Mixed Eurozone Inflation and Fed Rate Cut Bets

EURUSD has shown a choppy performance over the past three trading days, closing yesterday at 1.1597 within the 1.1555 to 1.1607 range. The market is influenced by European Central Bank’s (ECB) expected rate hold and growing expectations for a US Federal Reserve rate cut, supporting the euro against the dollar. Stable inflation data from Germany and declining energy prices reinforce the euro’s strength, while weak German retail sales exert short-term pressure. Investors should watch the psychological support at 1.16 and upcoming Chinese manufacturing and services PMI data, as these factors will shape the short-term trading outlook and market sentiment for EURUSD.

EURUSD: Stabilizing Consolidation with Key Support and Resistance Levels to Watch
30Nov

EURUSD: Stabilizing Consolidation with Key Support and Resistance Levels to Watch

EURUSD has exhibited modest volatility over the past three trading days, closing yesterday at 1.15971. The market currently trends sideways with a lack of significant news impacting the pair directly. The ongoing fundamental interplay between the Euro and US Dollar is keeping the price near key moving averages. Traders and investors should monitor technical indicators closely along with crucial support and resistance levels to adapt their strategies for both short-term and medium-term trading. This report provides a detailed analysis of daily and hourly charts, combined with today’s economic calendar insights, offering clear trading outlooks and critical price points.

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Risk Warning​

*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.

© 1uptick Analytics all rights reserved.

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