EUR/USD: Up 0.15% to 1.1525 — Bullish — Above Key MAs
· Forex · MarketsFN Team
EUR/USD: Up 0.15% to 1.1525 — Bullish — Above Key MAs
Published: August 04, 2026 · MarketsFN Team · US Session
| Pair | Rate | Change | RSI(14) | SMA-20 | SMA-50 | 52W High | 52W Low | Pivot | R1 | S1 |
|---|---|---|---|---|---|---|---|---|---|---|
| EUR/USD | 1.1525 | +0.15% | 59.3 | 1.1434 | 1.1477 | 1.2041 | 1.1358 | 1.1522 | 1.1544 | 1.1486 |
📊 Support & Resistance Levels
Dynamic Trendlines
| Level | Type | Direction | Distance |
|---|---|---|---|
| 1.1342 | 20d Support | → flat | -1.59% / 183.0 pips |
| 1.1564 | 20d Resistance | ↗ ascending | +0.34% / 39.2 pips |
| 1.1290 | 50d Support | → flat | -2.04% / 235.3 pips |
| 1.1556 | 50d Resistance | ↘ descending | +0.27% / 30.6 pips |
Static Levels
| Level | Type | Touches | Distance |
|---|---|---|---|
| 1.1779 | Resistance | 2× | +2.20% / 253.9 pips |
| 1.1729 | Resistance | 2× | +1.77% / 203.7 pips |
| 1.1668 | Resistance | 2× | +1.24% / 142.6 pips |
| 1.1505 | Support | 2× | -0.17% / 19.5 pips |
| 1.1444 | Support | 2× | -0.70% / 81.2 pips |
EUR/USD is trading at 1.1525 (+0.15%) as it continues to show strength above its moving averages, with the rate positioned above both the 20-day SMA at 1.1434 and the 50-day SMA at 1.1477. This indicates an uptrend, supported by the current price action. The dynamic channel reveals a flat 20-day support trendline at 1.1342, which is 183.0 pips below the current rate, while the nearest ascending resistance trendline is at 1.1564, just 39.2 pips above.
In terms of static levels, the closest support level, S1, is at 1.1505, only 19.5 pips away, while the nearest resistance level, R1, is at 1.1668, 142.6 pips above the current price. The RSI at 59.3 indicates neutral momentum, suggesting that while the market is not overbought, it is also not in a strong bearish position.
Looking ahead, the short-term outlook remains positive as the price is consolidating near the upper end of the recent range. A break above the dynamic resistance at 1.1564 could signal further bullish momentum, while a drop below S1 at 1.1505 would challenge the current uptrend and could lead to a test of the 20-day dynamic support. Traders should watch for these key levels to gauge the next directional move in EUR/USD.
Disclaimer
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