EURUSD Trendlines and Fibonacci Update
· Forex · QuoteReporter
EURUSD Trendlines and Fibonacci Update
Published: November 21, 2025
Technical Chart
Technical Analysis
=== MARKET OVERVIEW ===
The EURUSD has recently been experiencing a downward pressure in the short to medium term, with the current price at 1.15148, below both the 21-day and 50-day moving averages. However, the pair maintains its long-term uptrend, being above the 200-day moving average.
=== TREND ANALYSIS ===
1. Short-term Trend: The pair has been on a downtrend in the short term, as evidenced by the current price trading below the 21-day moving average of 1.15693.
2. Medium-term Trend: The medium-term trend also indicates a bearish trend with the current price below the 50-day moving average of 1.16419.
3. Long-term Trend: Despite the recent bearish pressure, the pair remains in an uptrend in the long term as it is trading above the 200-day moving average of 1.14039.
=== SUPPORT AND RESISTANCE LEVELS ===
1. Short-term: The immediate support and resistance levels lie at 1.14906 and 1.16490 respectively.
2. Medium-term: For the medium term, the pair finds support at 1.14222 and resistance at 1.16218.
3. Long-term: The long-term support and resistance levels are at 1.14905 and 1.23643 respectively.
=== FIBONACCI LEVEL ANALYSIS ===
The current price of 1.15148 is slightly above the 23.6% Fibonacci retracement level of 1.15070, acting as an immediate support. The next significant level is the 38.2% retracement at 1.12528, which may serve as the next support should the price breach the 23.6% level. On the upside, the 0.0% level at 1.19179 serves as a major resistance.
=== TECHNICAL OUTLOOK ===
Overall, the technical outlook for EURUSD appears to be neutral with a bearish bias. While the long-term trend remains bullish, the short to medium-term downtrends and the current price position near the 23.6% Fibonacci level suggest potential for further downside. However, any substantial move will depend on the pair breaking either the short-term support or resistance levels. Traders should closely monitor these levels and look for confirmation signals before making any trading decisions.
Fibonacci Retracement Levels
| Level | Price | Distance | Status |
|---|---|---|---|
| 0.0% | 1.19179 | +0.04031 (+3.50%) | RESISTANCE ↑ |
| 23.6% | 1.15070 | -0.00078 (-0.07%) | SUPPORT ↓ |
| 38.2% | 1.12528 | -0.02620 (-2.28%) | SUPPORT ↓ |
| 50.0% | 1.10473 | -0.04675 (-4.06%) | SUPPORT ↓ |
| 61.8% | 1.08419 | -0.06729 (-5.84%) | SUPPORT ↓ |
| 78.6% | 1.05494 | -0.09654 (-8.38%) | SUPPORT ↓ |
| 100.0% | 1.01768 | -0.13380 (-11.62%) | SUPPORT ↓ |
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