EUR/USD Price Forecast: Hovers around 50-day EMA near 1.1700
EUR/USD extends its losses for the third successive day, trading around 1.1660 during the Asian hours on Thursday. The daily chart technical analysis indicates a potential for a bearish reversal, as the pair has slipped below the ascending channel.
  • EUR/USD may hover near its eight-month low around 1.1411.
  • The 14-day Relative Strength Index near 48 signals weakening bullish momentum and a consolidative trend.
  • Immediate resistance is seen at the 50-day EMA near 1.1678.

EUR/USD extends its losses for the third successive day, trading around 1.1660 during the Asian hours on Thursday. The daily chart technical analysis indicates a potential for a bearish reversal, as the pair has slipped below the ascending channel.

The EUR/USD pair holds just under the 50-day Exponential Moving Average (EMA) and the nine-day EMA, which together suggest a capped near-term tone despite the recent recovery from lower levels.

The 14-day Relative Strength Index (RSI) around 48 hints at fading bullish momentum and a consolidative bias, reinforcing the view that upside attempts may struggle while price remains below these key dynamic barriers.

On the downside, the EUR/USD pair may navigate the region around the eight-month low of 1.1411, recorded on March 13.

The immediate resistance lies at the 50-day EMA of 1.1678, followed by the nine-day EMA at 1.1700. A return to the ascending channel would revive the bullish bias and lead the EUR/USD pair to test the two-month high of 1.1849, reached on April 17, followed by the upper boundary of the ascending channel around 1.1940. A sustained break above the channel would lead the pair to explore the region around 1.2082, the highest since June 2021, reached on January 27.

EUR/USD: Daily Chart

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

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.09% 0.01% -0.03% -0.05% -0.14% -0.07% -0.00%
EUR -0.09% -0.05% -0.13% -0.14% -0.21% -0.14% -0.07%
GBP -0.01% 0.05% -0.04% -0.07% -0.15% -0.05% -0.02%
JPY 0.03% 0.13% 0.04% -0.03% -0.10% -0.09% -0.00%
CAD 0.05% 0.14% 0.07% 0.03% -0.10% -0.04% 0.05%
AUD 0.14% 0.21% 0.15% 0.10% 0.10% 0.07% 0.15%
NZD 0.07% 0.14% 0.05% 0.09% 0.04% -0.07% 0.07%
CHF 0.00% 0.07% 0.02% 0.00% -0.05% -0.15% -0.07%

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).

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COTATIONS EN DIRECT

Nom / Symbole
Graphique
% Variation / Prix
GBPUSD
Variation 1 jour
+0%
0
EURUSD
Variation 1 jour
+0%
0
USDJPY
Variation 1 jour
+0%
0

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