Bangladesh

2025-09-07 22:19

Industryeurusd analysis
EUR/USD is currently trading in a neutral intraday range, with key support at 1.1573 and resistance at 1.1741. Medium-term momentum leans bullish, as the pair holds above trendline support and could target 1.1800–1.2000 if buying pressure continues. The 200-day EMA near 1.066 and the 61.8% Fibonacci retracement around 1.02 remain crucial longer-term supports. Fundamentals still favor the U.S. dollar, with Fed policy and upcoming labor/inflation data set to drive volatility. Overall, traders should watch for breakout confirmation, as EUR/USD is balancing between short-term consolidation and medium-term upside potential.
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eurusd analysis
Bangladesh | 2025-09-07 22:19
EUR/USD is currently trading in a neutral intraday range, with key support at 1.1573 and resistance at 1.1741. Medium-term momentum leans bullish, as the pair holds above trendline support and could target 1.1800–1.2000 if buying pressure continues. The 200-day EMA near 1.066 and the 61.8% Fibonacci retracement around 1.02 remain crucial longer-term supports. Fundamentals still favor the U.S. dollar, with Fed policy and upcoming labor/inflation data set to drive volatility. Overall, traders should watch for breakout confirmation, as EUR/USD is balancing between short-term consolidation and medium-term upside potential.
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