EUR/USD Price Forecast: Remains above 1.1700 as bullish momentum builds
EUR/USD breaks its four-day losing streak, trading around 1.1720 during the Asian hours on Monday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains slightly above the ascending channel pattern.
  • EUR/USD may rise toward the psychological level of 1.1800.
  • The 14-day Relative Strength Index at 61.63 stays in bullish territory, confirming strong momentum.
  • The initial support appears at the nine-day EMA of 1.1713.

EUR/USD breaks its four-day losing streak, trading around 1.1720 during the Asian hours on Monday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains slightly above the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) at 61.63 remains in bullish territory, confirming firm momentum. RSI above 60 reinforces upward pressure and could sustain tests of nearby ceilings.

The nine-day Exponential Moving Average (EMA) rises and stands above the 50-day EMA, preserving a bullish bias. The EUR/USD pair holding above both averages supports continuation. The positive moving-average alignment keeps the path of least resistance to the upside.

The EUR/USD pair may target the psychological level of 1.1800, aligned with the two-month high of 1.1804, reached on December 16. A break above this resistance area would open the path toward the upper boundary of the ascending channel around 1.1860. Further advances above the channel would lead the pair to explore the region around 1.1918, the highest since June 2021.

On the downside, the immediate support lies at the nine-day EMA of 1.1713, aligned with the lower ascending channel boundary around 1.1710. A break below the channel would weaken the short-term price momentum and put downward pressure on the EUR/USD pair to test the 50-day EMA at 1.1648, followed by the three-week low of 1.1589, which was recorded on December 1.

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 US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.08% -0.18% -0.22% -0.04% -0.23% -0.18% -0.09%
EUR 0.08% -0.10% -0.13% 0.04% -0.16% -0.13% -0.01%
GBP 0.18% 0.10% -0.02% 0.14% -0.08% 0.00% 0.09%
JPY 0.22% 0.13% 0.02% 0.18% -0.02% 0.04% 0.13%
CAD 0.04% -0.04% -0.14% -0.18% -0.19% -0.14% -0.04%
AUD 0.23% 0.16% 0.08% 0.02% 0.19% 0.05% 0.14%
NZD 0.18% 0.13% -0.00% -0.04% 0.14% -0.05% 0.09%
CHF 0.09% 0.01% -0.09% -0.13% 0.04% -0.14% -0.09%

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.)

100만 명이 넘는 사용자가 FXStreet를 통해 실시간 시장 데이터, 차트 도구, 전문가 인사이트, 포렉스 뉴스를 이용합니다. 포괄적인 경제 캘린더와 교육 웨비나는 트레이더가 정보를 유지하고 신중한 결정을 내리도록 돕습니다. FXStreet는 바르셀로나 본사와 전 세계 지역에 걸쳐 약 60명의 팀으로 구성되어 있습니다.
더 읽기

실시간 시세

이름 / 기호
차트
% 변동 / 가격
GBPUSD
1일 변동
+0%
0
EURUSD
1일 변동
+0%
0
USDJPY
1일 변동
+0%
0

FOREX에 대한 모든 것

탐색 더 많은 도구
트레이딩 아카데미
거래 전략, 시장 인사이트, 금융 기초를 다루는 다양한 교육 기사를 한 곳에서 탐색해보세요.
더 알아보기
코스
거래 여정의 모든 단계에서 성장을 지원하도록 설계된 체계적인 거래 코스를 탐색해보세요.
더 알아보기
웨비나
업계 전문가로부터 실시간 시장 인사이트와 거래 전략을 얻기 위해 라이브 및 온디맨드 웨비나에 참여하세요.
더 알아보기