{"id":126822,"date":"2026-05-07T10:02:17","date_gmt":"2026-05-07T06:02:17","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126822"},"modified":"2026-05-07T10:06:44","modified_gmt":"2026-05-07T06:06:44","slug":"euro-eyes-1-1800-can-it-break-through-7-5-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-eyes-1-1800-can-it-break-through-7-5-2026\/05\/07\/tech-analysis\/","title":{"rendered":"Euro Eyes 1.1800\u2026 Can It Break Through? 7\/5\/2026"},"content":{"rendered":"\n<p><strong>EUR\/USD Technical Analysis<\/strong><\/p>\n\n\n\n<p>The EUR\/USD pair delivered positive price action during the previous session following a brief breakout above the 1.1730 resistance \u2014 a development we had previously flagged as a catalyst for a corrective upside rebound targeting 1.1775. The pair duly extended its advance, printing an intraday high of 1.1796.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n<p>On the short-term horizon, the pair is tracking along a short-term ascending trendline, reinforcing the probability that the corrective uptrend will extend through today&#8217;s trading.<\/p>\n\n\n\n<p>The simple moving averages have likewise re-emerged to provide constructive support beneath the price, coinciding with the Relative Strength Index (RSI) successfully exiting overbought territory \u2014 a combination that strengthens the case for additional gains.<\/p>\n\n\n\n<p><strong>Bullish (Most Likely) Scenario:<\/strong><\/p>\n\n\n\n<p>As long as trading holds above the 1.1700 support floor, the daily uptrend will retain the upper hand, with the initial target set at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1800<\/li>\n<\/ul>\n\n\n\n<p>A decisive break above this level would extend the gains toward:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1850 as the subsequent objective<\/li>\n<\/ul>\n\n\n\n<p><strong>Bearish Scenario:<\/strong><\/p>\n\n\n\n<p>Conversely, a confirmed hourly candle close beneath the 1.1700 threshold would expose the pair to a retest of lower levels, with:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1640 emerging as the initial downside target<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>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.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: <strong><strong><strong><strong><strong>1.1700<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: 1.1800<\/strong><\/td><\/tr><tr><td><strong>S2: 1.1640<\/strong><\/td><td><strong>R2: 1.1850<\/strong><\/td><\/tr><tr><td><strong>S3: 1.1590<\/strong><\/td><td><strong>R3: 1.1905<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD Technical Analysis The EUR\/USD pair delivered positive price action during the previous session following a brief breakout above the 1.1730 resistance \u2014 a development we had previously flagged as a catalyst for a corrective upside rebound targeting 1.1775. The pair duly extended its advance, printing an intraday high of 1.1796. Technical Outlook \u2013 4-Hour &hellip;<\/p>\n","protected":false},"author":9,"featured_media":126828,"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-126822","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\/126822","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=126822"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126822\/revisions"}],"predecessor-version":[{"id":126829,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126822\/revisions\/126829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/126828"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}