The EUR\/USD pair advanced in the previous session, climbing toward the 1.1770 area and reinforcing the near-term bullish tone.<\/p>\n\n\n\n
Technical Outlook \u2013 4-Hour Chart<\/strong><\/p>\n\n\n\n Price action remains supported by trading above the simple moving averages, which continue to validate the short- to medium-term upward trend.<\/p>\n\n\n\n Momentum indicators are also improving. The Relative Strength Index (RSI) is attempting to generate fresh positive signals, suggesting a gradual strengthening in buying pressure during the session.<\/p>\n\n\n\n In addition, the pair has broken out of its descending corrective channel, as shown on the chart \u2014 a development that further supports the current bullish scenario.<\/p>\n\n\n\n Expected Technical Scenario<\/strong><\/p>\n\n\n\n As long as trading holds above the previously broken resistance at 1.1655 \u2014 now acting as support \u2014 the bullish bias remains dominant, with 1.1780 as the first upside target. A sustained break above this level would reinforce gains and open the door toward 1.1840.<\/p>\n\n\n\n On the downside, a close below 1.1655 would weaken the bullish structure and could place the pair under renewed pressure, with scope for a pullback toward 1.1570.<\/p>\n\n\n\n Market Note:<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":" The EUR\/USD pair advanced in the previous session, climbing toward the 1.1770 area and reinforcing the near-term bullish tone. Technical Outlook \u2013 4-Hour Chart Price action remains supported by trading above the simple moving averages, which continue to validate the short- to medium-term upward trend. Momentum indicators are also improving. The Relative Strength Index (RSI) …<\/p>\n","protected":false},"author":9,"featured_media":122861,"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-122855","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\/122855","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=122855"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122855\/revisions"}],"predecessor-version":[{"id":122862,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122855\/revisions\/122862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/122861"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Markets are awaiting comments from U.S. President Donald Trump today, which may trigger heightened volatility across major currency pairs.
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: 1.1645<\/strong><\/td> R1: 1.1780<\/strong><\/td><\/tr> S2: 1.1570<\/strong><\/td> R2: 1.1845<\/strong><\/td><\/tr> S3: 1.1510<\/strong><\/td> R3: 1.1920<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/p>\n\n\n\n