{"id":127134,"date":"2026-05-14T09:30:00","date_gmt":"2026-05-14T05:30:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127134"},"modified":"2026-05-14T09:24:47","modified_gmt":"2026-05-14T05:24:47","slug":"euro-attempts-recovery-but-bearish-trend-still-dominates-14-5-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-attempts-recovery-but-bearish-trend-still-dominates-14-5-2026\/05\/14\/tech-analysis\/","title":{"rendered":"Euro Attempts Recovery, but Bearish Trend Still Dominates 14\/5\/2026"},"content":{"rendered":"\n<p><strong>EUR\/USD Technical Analysis<\/strong><\/p>\n\n\n\n<p>The EUR\/USD pair is trading sideways with a modestly bullish tilt, attempting to claw back a portion of its previous losses as market participants await price action near pivotal technical levels.<\/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 Relative Strength Index (RSI) is working to climb out of oversold territory across the shorter timeframes \u2014 a development that could open the door to some limited recovery opportunities for the pair.<\/p>\n\n\n\n<p>That said, the price remains anchored beneath the simple moving averages, which continue to function as dynamic resistance. This dynamic, combined with the recent breakdown of a short-term ascending trendline, reinforces the persistence of downward pressure on the pair.<\/p>\n\n\n\n<p><strong>Bearish (Most Likely) Scenario:<\/strong><\/p>\n\n\n\n<p>Trading beneath the 1.1740 resistance ceiling supports the continuation of the downtrend, particularly upon a confirmed break below 1.1700, with the initial target set at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1670<\/li>\n<\/ul>\n\n\n\n<p>A decisive breach of this level would unlock the path toward further declines targeting:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1640 as the subsequent objective<\/li>\n<\/ul>\n\n\n\n<p><strong>Bullish Scenario:<\/strong><\/p>\n\n\n\n<p>Conversely, a confirmed hourly candle close above 1.1740 would expose the pair to a retest of higher levels, with targets emerging at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.1780 as the initial objective<\/li>\n\n\n\n<li>Followed by 1.1820<\/li>\n<\/ul>\n\n\n\n<p><strong>Key Economic Events to Watch:<\/strong><\/p>\n\n\n\n<p>Today&#8217;s session features high-impact economic releases that have the potential to amplify volatility across the financial markets:<\/p>\n\n\n\n<p>\ud83c\uddec\ud83c\udde7 <strong>United Kingdom:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monthly GDP<\/li>\n<\/ul>\n\n\n\n<p>\ud83c\uddfa\ud83c\uddf8 <strong>United States:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retail Sales<\/li>\n<\/ul>\n\n\n\n<p>Please note that elevated volatility and pronounced price swings are likely to materialize around the release of these data points.<\/p>\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: 1.1740<\/strong><\/td><\/tr><tr><td><strong>S2: 1.1670<\/strong><\/td><td><strong>R2: 1.1780<\/strong><\/td><\/tr><tr><td><strong>S3: 1.1640<\/strong><\/td><td><strong>R3: 1.1820<\/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 is trading sideways with a modestly bullish tilt, attempting to claw back a portion of its previous losses as market participants await price action near pivotal technical levels. Technical Outlook \u2013 4-Hour Timeframe: On the short-term horizon, the Relative Strength Index (RSI) is working to climb out of oversold &hellip;<\/p>\n","protected":false},"author":9,"featured_media":127140,"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-127134","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\/127134","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=127134"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127134\/revisions"}],"predecessor-version":[{"id":127141,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127134\/revisions\/127141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/127140"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}