EUR/USD has seen increased volatility in the first part of the current trading week, moving below 1.16000.
Economic Calendar Analysis
Elevation in the longer end of the U.S. yield curve may further increase overall volatility in the current trading week.
EUR/USD daily chart analysis
EUR/USD daily chart exhibits a clear bearish bias as price actions breaks below the key 1.16750 - 1.17000 consolidation zone, transforming this previous support into a firm layer of overhead resistance. The price is currently testing a minor psychological floor at 1.16009, dynamically capped by a downward-sloping 20-day SMA that confirms active seller control. With the smoother 20-period RSI printing at a downward-pointing 40.90, the pair has ample structural room to expand lower without being oversold; a decisive daily close below 1.16000 will likely accelerate momentum toward the next major structural targets at 1.15250 and the March double-bottom lows near 1.14600.Daily Chart
TLT weekly chart's review
Weekly chart for TLT indicates a definitive bearish expansion, characterized by a clean downside break from its multi-month consolidation range to challenge critical macro support between 82.250 and 82.800. Medium-term trend structure remains firmly negative, reinforced by price trading well below the descending 26-week Simple Moving Average at 87.357, which continues to serve as an authoritative dynamic ceiling. Momentum supports this continuation, as the RSI accelerates downward at 38.157 with sufficient baseline capacity before reaching oversold territory.Weekly chart
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Traders are long
The sentiment data for EUR/USD reveals a continuation towards bullishness.