Following recent tariff-related developments in the US, broad dollar softness contributed to EUR/USD moving above the 1.095 level — a zone that had held since November 2024.
From a technical perspective, a few scenarios may unfold depending on broader market sentiment and price action:
• The pair may approach the 1.12 region, where previous price action showed signs of slowing momentum, potentially leading to a move back toward 1.10.
• If current dollar softness persists, a sustained break above 1.12 could open the path toward the 1.145 area.
• Alternatively, the pair could revisit the 1.09 region, which has acted as a significant level in the past, before any renewed upward movement occurs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
From a technical perspective, a few scenarios may unfold depending on broader market sentiment and price action:
• The pair may approach the 1.12 region, where previous price action showed signs of slowing momentum, potentially leading to a move back toward 1.10.
• If current dollar softness persists, a sustained break above 1.12 could open the path toward the 1.145 area.
• Alternatively, the pair could revisit the 1.09 region, which has acted as a significant level in the past, before any renewed upward movement occurs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Come join us today at : easymarkets.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.