EUR/USD Price analysis: The euro is stabilized about 1,1300 while mixed signs limit the momentum

  • The EUR/USD is quoted near the 1,1300 zone after modest losses in Thursday’s post-European session.
  • The neutral impulse persists while mixed short -term indicators cloud the short -term perspective.
  • Key support levels are maintained below, while resistance aligns just above the current range.

The Eur/USD It remains stable around the area of ​​1,1300 on Thursday, maintaining a neutral tone after the European session. The price action remains confined within the range of the day, reflecting a cautious posture of the market while the operators evaluate the widest trend. Despite staying above the long -term critical support, short -term signals are mixed, adding short -term uncertainty.

From a technical perspective, the torque is showing a neutral impulse in general. The Relative Force Index (RSI) is balanced about 54, indicating conditions or over -sale. However, the indicator of convergence and divergence of mobile socks (MACD) continues to show a sales signal, suggesting possible short -term low pressure. The rapid stochastic RSI and the raw material channel index are both neutral, reinforcing the lack of strong directional bias at this time.

Longer term support comes from simple mobile socks (SMA) of 100 days and 200 days, which remain well below the current levels and maintain a bullish slope. In contrast, the 20 -day SMA is above the market, indicating short -term resistance and acting as a limit for a greater rise. The Ichimoku baseline is also maintained neutral, reflecting the broader indecision in the technical structure of the torque.

The support is identified in 1,1280, 1,1213 and 1,1209. Resistance levels are found in 1,1312, 1,1321 and 1,1334. A sustained movement above the immediate resistance zone could confirm a short -term recovery, while a break below the support could indicate a deeper correction in the next sessions.

Daily graph

Source: Fx Street

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