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EURUSD Technical Analysis

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EURUSD Technical Analysis

Published: December 18, 2025

Technical Analysis

1. MARKET OVERVIEW:
The EURUSD pair currently trades at 1.17164, showing a strong uptrend across all time frames. The currency pair has consistently stayed above the moving averages at 21 days (1.16423), 50 days (1.16130), and 200 days (1.15035), indicating a bullish sentiment in the market.

2. TREND ANALYSIS:
Short-term (MA21), medium-term (MA50), and long-term (MA200) trends for EURUSD are all in an uptrend. This means that the pair has been consistently trading above its short, medium, and long-term moving averages, indicating sustained bullish momentum.

3. SUPPORT AND RESISTANCE ANALYSIS:
The nearest support level, Support 1, is at 1.16821. This level, derived from the 20-day moving average, is crucial as it tests the strength of the short-term bullish sentiment. Support 2 and Support 3, at 1.15781 and 1.15263 respectively, act as further cushions should the price trend downwards.

On the upside, Resistance 1 at 1.18072 is the immediate hurdle the bulls need to overcome. Resistance 2 and Resistance 3, at 1.18313 and 1.20237 respectively, are the next levels to watch if the uptrend continues. Given the current bullish trend, traders should keep a close eye on these resistance levels.

4. FIBONACCI LEVEL ANALYSIS:
The Fibonacci retracement indicates that EURUSD is trading near the 23.6% retracement level at 1.15070, which now acts as a critical support. The closest resistance level is at the 0.0% retracement level at 1.19179. The consecutive Fibonacci support levels should be monitored as potential reversal points if a bearish sentiment enters the market.

5. OVERALL TECHNICAL OUTLOOK:
The overall technical outlook for EURUSD is bullish. The currency pair is trading above its short, medium, and long-term moving averages, and is also in the upper range of the Fibonacci retracement, indicating strong bullish momentum. However, traders should be cautious of potential resistance levels and monitor the support levels closely in case of a trend reversal. The breakout above the nearest resistance level at 1.18072 would further solidify the bullish trend.

Fibonacci Retracement Levels

UPTREND Movement (247 days)

Starting Point (100%): 1.01768 on January 13, 2025

Ending Point (0%): 1.19179 on September 17, 2025

Level Price Distance Status
0.0% 1.19179 +0.02015 (+1.72%) RESISTANCE ↑
23.6% 1.15070 -0.02094 (-1.79%) SUPPORT ↓
38.2% 1.12528 -0.04636 (-3.96%) SUPPORT ↓
50.0% 1.10473 -0.06691 (-5.71%) SUPPORT ↓
61.8% 1.08419 -0.08745 (-7.46%) SUPPORT ↓
78.6% 1.05494 -0.11670 (-9.96%) SUPPORT ↓
100.0% 1.01768 -0.15396 (-13.14%) SUPPORT ↓

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