The EUR\/USD pair experienced intraday profit-taking after failing to break through the key resistance at 1.1760, resulting in a limited bearish range.<\/p>\n\n\n\n
Technical Outlook \u2013 4-hour timeframe:<\/strong><\/p>\n\n\n\n Intraday movements currently reflect a bearish bias as the pair corrected from overbought conditions. The Relative Strength Index (RSI) has begun to issue negative signals, indicating a temporary loss of upward momentum. However, the 50-period simple moving average continues to provide dynamic support, keeping the potential for a rebound intact.<\/p>\n\n\n\n Probable Technical Scenario:<\/strong><\/p>\n\n\n\n As long as trading remains stable above the 1.1670 support, the bullish rebound scenario remains valid. A confirmed break above the 1.1730 interim resistance would act as a catalyst for renewed gains, with the first target at 1.1760, and a potential extension toward higher resistance levels as shown on the chart.<\/p>\n\n\n\n Conversely:<\/strong><\/p>\n\n\n\n A sustained move back below 1.1670 would shift pressure to the downside, exposing the pair to a retest of deeper support near 1.1600.<\/p>\n\n\n\n Warning:<\/strong> Risks remain elevated amid ongoing trade tensions, and all scenarios should be considered. The EUR\/USD pair experienced intraday profit-taking after failing to break through the key resistance at 1.1760, resulting in a limited bearish range. Technical Outlook \u2013 4-hour timeframe: Intraday movements currently reflect a bearish bias as the pair corrected from overbought conditions. The Relative Strength Index (RSI) has begun to issue negative signals, indicating a temporary …<\/p>\n","protected":false},"author":9,"featured_media":118531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[],"class_list":["post-118525","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118525"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118525\/revisions"}],"predecessor-version":[{"id":118532,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118525\/revisions\/118532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/118531"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Risk Disclaimer:<\/strong> Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\nS1: 1.1655<\/strong><\/td> R1: 1.1765<\/strong><\/td><\/tr> S2: 1.1595<\/strong><\/td> R2: 1.1820<\/strong><\/td><\/tr> S3: 1.1540<\/strong><\/td> R3: 1.1875<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"