EUR\/USD rose for a second day and reached about 1.1830 in Thursday\u2019s Asian session. The US dollar stayed weak amid concerns about the economic effects of US President Donald Trump\u2019s trade policies.<\/p>\n
The RSI is 56, showing stronger upward momentum without being overbought, after earlier readings below 30. The MACD line is just above the signal line and slightly positive, with a small positive histogram.<\/p>\n
The rise paused near the 100-period SMA on the 4-hour chart. A break above this level could lift the pair towards 1.1860 and then 1.1900.<\/p>\n
Support sits near 1.1790, followed by 1.1760, where the latest rebound began. Holding above 1.1790 keeps the upward bias, while a fall below 1.1760 would weaken the rebound and point to a wider range.<\/p>\n
The technical analysis was produced with the help of an AI tool.<\/p>\n
The EUR\/USD is showing some positive traction, currently trading around the 1.0750 level. This follows recent statements from the European Central Bank holding rates at 2.75% but hinting at future cuts, contrasting with the US Federal Reserve’s firm stance at 3.50%. This divergence in central bank policy is the primary driver creating tension in the market.<\/p>\n
We have seen similar periods of policy-driven uncertainty before, such as during the trade disputes of the late 2010s, which caused erratic price swings. More recently, in 2025, we observed the pair fall sharply after a surprise interest rate hike from the Fed. This history shows us that even in a consolidating market, fundamental news can trigger a significant breakout.<\/p>\n
From a technical standpoint, the Relative Strength Index (RSI) is hovering near 52, indicating a neutral market without strong momentum in either direction. The MACD is also flat and hugging its signal line, which confirms that neither buyers nor sellers have gained decisive control. This suggests we should wait for a clearer signal before committing to a directional trade.<\/p>\n
The key pivot point for traders to watch in the coming weeks is the 50-day Simple Moving Average, situated at 1.0790. A sustained break above this level would signal renewed bullish strength, opening a path toward the 1.0850 resistance. This could be an opportune moment for traders to consider buying short-term call options to capitalize on the upward momentum.<\/p>\n
Conversely, immediate support lies at the 1.0720 mark, which has held firm on recent dips. A decisive close below this level would likely indicate that bearish sentiment is taking over, potentially fueled by the widening interest rate differential. Should this support fail, traders might look at purchasing put options targeting a move down to the 1.0650 zone.<\/p>\n
For now, the most prudent approach is to wait for a confirmed break of this range, as the recent US inflation report showed a stubbornly high 2.9% CPI, suggesting underlying dollar strength. Placing new derivative positions before a clear move through either 1.0790 or 1.0720 carries unnecessary risk. The market is waiting for its next major catalyst, and our positioning should reflect that patience.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" EUR\/USD climbs to 1.1830 as dollar weakens; bullish indicators improve, resistance 1.1860-1.1900, support 1.1790-1.1760.<\/p>\n","protected":false},"author":62,"featured_media":16967,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-43672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/43672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=43672"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/43672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16967"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=43672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=43672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=43672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}