EUR/USD Analysis Summary Today
— Overall Trend: : Bearish.
— Support Levels for EUR/USD Today: 1.1500 – 1.1440 – 1.1380
— Resistance Levels for EUR/USD Today: 1.1590 – 1.1650 –
EUR
— Buy EUR/USD from the support level of 1.1460 with a target of 1.1800 and a stop-loss at 1.1390.
— Sell EUR/USD from the resistance level of 1.1665 with a target of 1.1400 and a stop-loss at 1.1780.
Technical Analysis of EUR/USD Today:
With losses of -0.48%, the EUR/USD price collapsed during yesterday’s trading session (Wednesday), with losses extending to the 1.1517 support level, and it is stabilizing around its losses at the time of writing this analysis, which may pave the way for a bearish weekly close. According to performance across trusted trading company platforms, the US Dollar has recovered strongly against the other major currencies amid fading market expectations for future US interest rate cuts during the final meeting of 2025. The content of the
Conversely, forecasts suggest that the
Bearish Signals for the Euro/Dollar Continue
Dear reader, according to Forex currency market trading, the successful move by the bears to push the Euro/Dollar pair below the 1.1500 support level will increase the strength of the bearish outlook. Yesterday’s losses pushed the 14-day Relative Strength Index (RSI) toward a reading of 40, and if selling pressure increases, it is on its way toward oversold territory. At the same time, the MACD indicator lines are steadily leaning downward, supporting the bears’ control. The Euro/Dollar will remain on a downward path until the market reacts to the announcement of the US jobs figures, which directly affect the future of the
Tecnnically, a bullish scenario for the EUR/USD on the daily chart requires a move towards the psychological resistance level of 1.1800. Otherwise, the overall outlook will remain bearish.
Trading advice:
Dear TradersUp trader, the EUR/USD is under selling pressure and is likely to test stronger lows before considering buying again.
Will interest rates be cut in
The majority of US Federal Reserve policymakers in late October expressed support for further US interest rate cuts, though not all committed to making a cut at their next meeting in December, according to the minutes released yesterday (Wednesday). Meanwhile, several officials said it was “likely to be appropriate” to keep interest rates “unchanged for the rest of the year,” signaling sharp divisions among policymakers on the central bank’s next steps.
US interest rate cuts implemented by the
Overall, Fed officials are sharply divided on the biggest threat to the economy: weak employment or persistently high inflation. If a slowing labor market is the greater threat, the Fed typically cuts
Concurrently, the minutes also stated that “participants expressed sharply divergent views” on whether the Fed should cut interest rates at its
[geotargetedbrokercarousel]
[graph_5754]
Original Source DailyForex.com provides daily fundamental and technical analysis and signals for those looking to trade based on trends in the currency markets.






