EURUSD gives up gains but not bearish yet

EURUSD switches back to losses after touching resistance; technical signals weaken, but bears not in control yet

XM Group | 731 วันที่ผ่านมา

EURUSD gives up gains but not bearish yet

EURUSD switches back to losses after touching resistance
Technical signals weaken but bears not in control yet

EURUSD was harshly pressured after touching its 50-day exponential moving average (EMA), erasing almost all the gains it made last week ahead of the ECB policy announcement.

The price went below its 20-day EMA, and the RSI dropped below 50, causing concerns of potential market dominance by sellers in the short-term.

On a positive note, there is a short-term bullish channel in the chart that is currently protecting against downward pressure around 1.0540. The upper band of the former bearish channel could also cease selling pressure nearby at 1.0508. If the bears breach that base, the price could tumble towards October’s low of 1.0447, while a step below 1.0400 could cause a sharp decline towards the November 2022 barrier of 1.0330.

If the price drifts higher and above the constraining 20-day EMA at 1.0584, the spotlight will turn again to the 50-day EMA, which is converging towards the 23.6% Fibonacci retracement of the latest downleg at 1.0640. A successful battle there might lift the pair towards the channel’s upper boundary at 1.0700. Still, only a decisive rally above the 200-day EMA and the 38.2% Fibonacci mark of 1.0763 would brighten the short-term outlook.

Overall, the latest aggressive pullback in EURUSD has yet to confirm a bearish bias. For that to happen, the pair will need to slide below 1.0508.

XM Group

4.2

257 reviews

ประเภท: Market Maker

กฎระเบียบ: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)

แท็ก : การวิเคราะห์ EURUSD

Global Markets Shift on US-China Trade Optimism and Softer US Inflation — Major Currencies React Across the Board | 27th October 2025

Global markets rallied on softer US inflation and optimism over US–China trade talks. Gold slipped to $4,065 as risk appetite improved, while the Dollar weakened below 99.00. EUR/USD and GBP/USD advanced on dovish Fed expectations, and the yuan steadied. Traders now eye policy cues and economic data for the next move.

Moneta Markets | 1 ชม. 32 นาทีที่ผ่านมา

ATFX Market Outlook 27th October 2025

U.S. September consumer prices rose slightly less than expected, as a surge in gasoline costs was partly offset by a sharp decline in rents, supporting expectations for a Fed rate cut this week. U.S. equities closed at record highs on Friday, driven by the softer inflation data and strong corporate earnings.

ATFX | 2 ชม. 1 นาทีที่ผ่านมา

EUR/USD Consolidates Ahead of Potential Further Losses

Market sentiment remains dominated by escalating geopolitical tensions in Europe, which are dampening the euro's outlook and fuelling demand for traditional safe-haven assets, notably the US dollar.

RoboForex | 2 วันที่ผ่านมา

Inflation in Focus as Traders Eye BoE’s Next Move | 22nd October 2025

Markets traded cautiously as investors awaited UK inflation data, a key driver for the Bank of England’s next move. The Pound held firm ahead of CPI, oil extended gains on improving demand, and the US Dollar stayed soft. Broader sentiment was steady as easing US–China trade tensions balanced inflation-driven uncertainty.

Moneta Markets | 4 วันที่ผ่านมา

ATFX Market Outlook 22nd October 2025

The U.S. Dollar Index climbed to a six-day high, buoyed indirectly by a weaker yen. Markets reacted to the election of conservative Sanae Takaichi as Japan’s first female prime minister, with speculation that fiscal expansion under her leadership could cloud the country’s interest rate outlook.

ATFX | 4 วันที่ผ่านมา

EUR/USD Under Downward Pressure

The euro is facing sustained selling pressure, primarily driven by a robust US dollar. The greenback is being bolstered by rising Treasury yields and fading market expectations for an early start to the Federal Reserve’s easing cycle.

RoboForex | 5 วันที่ผ่านมา

ATFX Market Outlook 21st October 2025

US equities surged on Monday, with financial and technology shares providing most of the upside. Optimistic quarterly earnings revived risk appetite, while concerns about regional banks’ credit quality eased. The Dow gained 1.12%, the S&P 500 rose 1.07%, and the Nasdaq advanced 1.37%. The US Dollar Index edged higher alongside Treasury yields.

ATFX | 5 วันที่ผ่านมา

ATFX Market Outlook 16th October 2025

The Federal Reserve’s Beige Book showed little change in recent U.S. economic activity, but signs of cooling consumption emerged. Morgan Stanley and Bank of America gained on strong quarterly earnings, while investors remained focused on escalating U.S.-China trade tensions. The Dow fell 0.04%, the S&P 500 rose 0.4%, and the Nasdaq advanced 0.66%.

ATFX | 10 วันที่ผ่านมา

EURUSD	1.1623	GBPUSD	1.33174	AUDUSD	0.65381
USDJPY	152.901	USDCAD	1.39805	USDCHF	0.79666