EUR/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD has recently seen a notable corrective move after topping near the 1.2050 region. Following this decline, price action has entered a consolidation phase and is currently testing an important support zone, making this area critical for the next directional move.

From a moving average perspective, short-term momentum remains bearish. The price is trading below the 24-period simple moving average, which has begun to slope downward and is acting as dynamic resistance. This suggests sellers still have near-term control. At the same time, price is approaching the 100-period SMA from above. This level has historically acted as a key trend filter, and a successful hold here would preserve the broader bullish structure. A clean break below it, however, would weaken the medium-term outlook significantly.



In terms of horizontal levels, immediate resistance is found around 1.1811, followed by the psychologically important 1.1900 area. On the downside, price is hovering right around the 1.1800 psychological support. If this level fails, the next meaningful support comes in near 1.1780. Below that, the market opens the door toward a much deeper support zone around 1.1590.

Momentum, as measured by the 24-period RSI, is currently around 45.76. This places the indicator in neutral territory, slightly below the 50 midline, which aligns with the mild bearish bias seen in price action. Importantly, the RSI still has room to move lower before reaching oversold conditions, suggesting downside continuation remains technically possible.
Back to articles

Actual Topics

Thu, 05 Feb 2026 08:38:57 GMT

AUD/JPY Technical analysis

AUD/JPY is showing signs of a short-term bullish recovery after a sharp selloff. A double bottom near 109.15 signals a potential trend reversal, and price has since formed higher highs and higher lows. The pair is currently trading around 109.70, holding above a key support zone. The 61.8% Fibonacci level has acted as strong support and is the key level

Wed, 04 Feb 2026 08:47:32 GMT

USD/JPY Technical analysis

USD/JPY on the 1H chart remains firmly bullish, with price action showing consistent higher highs and higher lows since the rebound from the 152.000 area. The pair is trading within a well-defined ascending parallel channel and is currently positioned in the upper half of that structure, reflecting strong and sustained buying pressure. Price is around 156.475, approaching the upper boundary

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.