Trading Insights

💶 EUR/USD

Euro Weakens Toward Support as USD Reasserts Strength

EUR/USD maintains a cautiously bullish short-term stance as a slight decline in US yields unexpectedly strengthened the USD. Euro sits near support and is likely to weaken further as long-run USD strength drivers—higher US yields, QT end, QE restart—remain intact.
Chart showing Euro/USD prices.

Key Levels: Support 1.15086 │ Resistance 1.16928
Investor Takeaway: RSI ~51 trending down; flat MACD buying pressures signal uncertain directional conviction.