EUR/USD Price Forecast: Hovers around 1.1650 as RSI signals fading momentum
EUR/USD moves little after registering modest losses in the previous session, trading around 1.1650 during the Asian hours on Wednesday. The 14-day Relative Strength Index (RSI) momentum indicator, currently at 40 (below the 50 midline), signals weak momentum without indicating oversold conditions.
  • EUR/USD may navigate the region around the six-week low of 1.1589.
  • The 14-day Relative Strength Index is at 40, signaling weak momentum.
  • The primary barrier is seen at the nine-day EMA around 1.1672.

EUR/USD moves little after registering modest losses in the previous session, trading around 1.1650 during the Asian hours on Wednesday. The 14-day Relative Strength Index (RSI) momentum indicator, currently at 40 (below the 50 midline), signals weak momentum without indicating oversold conditions.

The technical analysis of the daily chart shows that the EUR/USD pair sits beneath the nine- and 50-day Exponential Moving Averages (EMAs), which have flattened and point to fading upside momentum. The nine-day EMA has slipped below the 50-day, reinforcing a near-term bearish bias as the medium-term average starts to roll over.

On the downside, the EUR/USD pair may fall toward the six-week low of 1.1589, set on December 1. A break below this level would expose the next base around 1.1468, the lowest level since August 2025.

The EUR/USD pair could find the initial resistance at the nine-day EMA of 1.1672, aligned with the 50-day EMA at 1.1677. A rebound through the EMA band could stabilize the tone and refocus the first resistance at the three-month high of 1.1808, which was recorded on December 24, followed by the 1.1918, the highest level since June 2021.

EUR/USD: Daily Chart

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.01% -0.07% 0.06% 0.04% -0.20% -0.07% 0.05%
EUR -0.01% -0.08% 0.04% 0.03% -0.22% -0.08% 0.05%
GBP 0.07% 0.08% 0.15% 0.11% -0.13% 0.00% 0.13%
JPY -0.06% -0.04% -0.15% -0.03% -0.26% -0.14% -0.00%
CAD -0.04% -0.03% -0.11% 0.03% -0.24% -0.11% 0.02%
AUD 0.20% 0.22% 0.13% 0.26% 0.24% 0.14% 0.26%
NZD 0.07% 0.08% -0.00% 0.14% 0.11% -0.14% 0.12%
CHF -0.05% -0.05% -0.13% 0.00% -0.02% -0.26% -0.12%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

(The technical analysis of this story was written with the help of an AI tool.)

Acuity Trading
Trade The World
Acuity Trading is a London-based fintech company founded in 2013 that specializes in AI-powered alternative data and sentiment analysis for trading and investments. They revolutionized the online trading experience by introducing visual news and sentiment tools, and today they continue to lead the fintech market with alpha-generating alternative data and highly engaging trading tools using the latest AI research and technology.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More