As we start a new trading week, let’s take a look at EUR/USD across multiple timeframes.
Weekly
EUR/USD has broken above a major resistance zone defined by the highs from both 2023 and 2024.
That area was retested and has now held, with price starting to build above it. The RSI is climbing
steadily and remains below overbought territory, suggesting there’s scope for further progress.
Importantly, price action is also holding above the 200-week moving average, which adds weight to
the bullish structure developing at the higher timeframe.
EUR/USD Weekly Candle Chart
Past performance is not a reliable indicator of future results
Daily
On the daily chart we can see the breakout and retest in more detail. The 50-day moving average
has provided dynamic support, helping to establish a recent swing low as part of the retest. Since
then, EUR/USD has pushed higher, respecting an ascending trendline that has now been tested
multiple times. As long as price continues to respect that trendline and the 50-day average, the near-
term bias remains to the upside.
EUR/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
4hr
The four-hour chart helps assess how short-term momentum is developing. Price remains above the
VWAP anchored to the May lows, with the 9 EMA also above the 21 EMA, showing that short-term
trend and momentum are aligned. Price is now pushing towards a break above last week’s swing
highs, and at this stage, there’s no clear sign of bearish divergence or slowdown.
EUR/USD Four-Hour Candle Chart
Past performance is not a reliable indicator of future results
1hr
The hourly chart gives us a closer look at recent action and can be useful for shaping entries. With
the same indicators in place, we can see that price has now broken and closed above last week’s
swing highs. That breakout, combined with the rising EMAs and supportive VWAP positioning,
suggests that short-term momentum continues to favour the bulls.
EUR/USD Hourly Candle Chart
Past performance is not a reliable indicator of future results
Summary:
Across all timeframes, EUR/USD is showing a consistent bullish structure. The weekly and daily
charts confirm that the breakout above last year’s highs has held and is now building. On the four-
hour and hourly timeframes, short-term momentum indicators remain supportive, and price is
already pressing into new ground above last week’s highs. As things stand, the trend remains intact,
with no signs yet of reversal or fatigue.
Disclaimer: This is for information and learning purposes only. The information provided does not
constitute investment advice nor take into account the individual financial circumstances or
objectives of any investor. Any information that may be provided relating to past performance is not
a reliable indicator of future results or performance. Social media channels are not relevant for UK
residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage. 85.24% of retail investor accounts lose money when trading spread bets and
CFDs with this provider. You should consider whether you understand how spread bets and CFDs
work and whether you can afford to take the high risk of losing your money.
Weekly
EUR/USD has broken above a major resistance zone defined by the highs from both 2023 and 2024.
That area was retested and has now held, with price starting to build above it. The RSI is climbing
steadily and remains below overbought territory, suggesting there’s scope for further progress.
Importantly, price action is also holding above the 200-week moving average, which adds weight to
the bullish structure developing at the higher timeframe.
EUR/USD Weekly Candle Chart
Past performance is not a reliable indicator of future results
Daily
On the daily chart we can see the breakout and retest in more detail. The 50-day moving average
has provided dynamic support, helping to establish a recent swing low as part of the retest. Since
then, EUR/USD has pushed higher, respecting an ascending trendline that has now been tested
multiple times. As long as price continues to respect that trendline and the 50-day average, the near-
term bias remains to the upside.
EUR/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
4hr
The four-hour chart helps assess how short-term momentum is developing. Price remains above the
VWAP anchored to the May lows, with the 9 EMA also above the 21 EMA, showing that short-term
trend and momentum are aligned. Price is now pushing towards a break above last week’s swing
highs, and at this stage, there’s no clear sign of bearish divergence or slowdown.
EUR/USD Four-Hour Candle Chart
Past performance is not a reliable indicator of future results
1hr
The hourly chart gives us a closer look at recent action and can be useful for shaping entries. With
the same indicators in place, we can see that price has now broken and closed above last week’s
swing highs. That breakout, combined with the rising EMAs and supportive VWAP positioning,
suggests that short-term momentum continues to favour the bulls.
EUR/USD Hourly Candle Chart
Past performance is not a reliable indicator of future results
Summary:
Across all timeframes, EUR/USD is showing a consistent bullish structure. The weekly and daily
charts confirm that the breakout above last year’s highs has held and is now building. On the four-
hour and hourly timeframes, short-term momentum indicators remain supportive, and price is
already pressing into new ground above last week’s highs. As things stand, the trend remains intact,
with no signs yet of reversal or fatigue.
Disclaimer: This is for information and learning purposes only. The information provided does not
constitute investment advice nor take into account the individual financial circumstances or
objectives of any investor. Any information that may be provided relating to past performance is not
a reliable indicator of future results or performance. Social media channels are not relevant for UK
residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly
due to leverage. 85.24% of retail investor accounts lose money when trading spread bets and
CFDs with this provider. You should consider whether you understand how spread bets and CFDs
work and whether you can afford to take the high risk of losing your money.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.