Market Snapshot Metric Value Current Price at time of writing 1.16395 50-Day MA 1.16444 200-Day MA 1.09894 Key Resistance 1.1700 – 1.1800 Key Support 1.15625 (range floor), 1.14250 (major swing low) Technical Overview Weekly Chart The weekly chart is a good way to show the strength of the long-term trend of any asset. The Dollar Read More…
Technical Overview (Daily Chart) Macro/Geopolitical Context Euro Strength Drivers: Dollar Weakness Catalysts: Probabilities Table Scenario Description Probability Comment 🟢 Bullish continuation Price holds above 1.161 and pushes toward 1.185 / 1.206 60% +/- Structural support intact, risk-on flows favor euro 🟡 Pullback to 1.150–1.155 Brief shakeout before reattempting higher 30% +/- Would be healthy for Read More…
Euro FX Futures (6E1!) continue to follow a steady uptrend, now trading at 1.1587 and holding firmly above a rising trendline that has acted as reliable dynamic support since early March. The price remains comfortably above both the 50-day MA (1.1376) and 200-day MA (1.0871). The Dollar continues its decline as the political scene in Read More…
Price Structure & Technical Levels Momentum and Squeeze Probabilities Timeframe Bull Case Bear Case Probability Short-Term (1–2 weeks) Break above 1.1300 leads to quick test of 1.1450–1.1613 Failure at 1.1300 leads to pullback to 1.1198 and possibly 1.1120 Neutral-to-Slightly Bullish (55%) Medium-Term (2–6 weeks) Retest and hold of trendline, breakout toward 1.1720 Breakdown below 1.1180 Read More…
Introduction Technical Analysis After a strong breakout above 1.13 in April, 6E has pulled back modestly, retracing toward the 50-day moving average and prior support at ~1.114–1.117. Buyers stepped in at that level, and we are now seeing an attempt to regain upside momentum. Price is currently retesting the pivot zone at 1.127, which is Read More…
Technical Analysis Bullish Structure Intact The Euro surged from below 1.08 in Q1 to above 1.16 in mid-April, breaking through several key resistance levels. The most recent pullback appears to have: Resistance and Key Levels The key technical battlegrounds now are: A daily close above 1.1300 would shift momentum strongly back in the bulls’ favor Read More…
