The EUR\/USD pair extended its bearish trajectory in line with previous expectations, reaching the first downside target at 1.1645 and recording a new session low of 1.1619 during early trading.<\/p>\n\n\n\n
Technical Outlook \u2013 4-hour timeframe:<\/strong><\/p>\n\n\n\n The broader trend remains decisively bearish, with the pair consistently trading below the 50-day Simple Moving Average (SMA), which continues to act as dynamic resistance and sustain downward pressure. The 1.1650 level, previously a support, has now turned into a key resistance point, adding to the prevailing selling bias.<\/p>\n\n\n\n Furthermore, price action continues to move along a well-defined descending trend line, confirming the dominance of bearish momentum over the short term.<\/p>\n\n\n\n Most Probable Technical Scenario:<\/strong> Conversely, a decisive move above 1.1680 could trigger a short-term corrective rebound, targeting 1.1745 initially, with a possible extension to 1.1775 if momentum strengthens.<\/p>\n\n\n\n Warning:<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":" The EUR\/USD pair extended its bearish trajectory in line with previous expectations, reaching the first downside target at 1.1645 and recording a new session low of 1.1619 during early trading. Technical Outlook \u2013 4-hour timeframe: The broader trend remains decisively bearish, with the pair consistently trading below the 50-day Simple Moving Average (SMA), which continues …<\/p>\n","protected":false},"author":9,"featured_media":119691,"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-119685","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\/119685","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=119685"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119685\/revisions"}],"predecessor-version":[{"id":119692,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119685\/revisions\/119692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119691"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
As long as the pair remains below 1.1650 \u2014 and more importantly, below 1.1680 \u2014 the negative outlook is expected to prevail. A confirmed break below 1.1585 would reinforce the bearish trend, opening the path toward the next support levels at 1.1555 and potentially 1.1500.<\/p>\n\n\n\n
Market risk remains elevated amid persistent trade tensions and geopolitical uncertainty. Traders should exercise caution, as volatility could increase sharply, and all scenarios remain possible.
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: 1.1585<\/strong><\/td> R1: 1.1680<\/strong><\/td><\/tr> S2: 1.1555<\/strong><\/td> R2: 1.1745<\/strong><\/td><\/tr> S3: 1.1495<\/strong><\/td> R3: 1.1775<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/p>\n\n\n\n