EUR/USD: Up 0.50% to 1.1523 — Bullish — Above Key MAs
· Forex · MarketsFN Team
EUR/USD: Up 0.50% to 1.1523 — Bullish — Above Key MAs
Published: July 30, 2026 · MarketsFN Team · US Session
| Pair | Rate | Change | RSI(14) | SMA-20 | SMA-50 | 52W High | 52W Low | Pivot | R1 | S1 |
|---|---|---|---|---|---|---|---|---|---|---|
| EUR/USD | 1.1523 | +0.50% | 64.1 | 1.1420 | 1.1483 | 1.2041 | 1.1358 | 1.1437 | 1.1499 | 1.1403 |
📊 Support & Resistance Levels
Dynamic Trendlines
| Level | Type | Direction | Distance |
|---|---|---|---|
| 1.1349 | 20d Support | → flat | -1.51% / 174.4 pips |
| 1.1536 | 20d Resistance | ↗ ascending | +0.12% / 13.5 pips |
| 1.1212 | 50d Support | ↘ descending | -2.70% / 311.3 pips |
| 1.1536 | 50d Resistance | ↘ descending | +0.12% / 13.5 pips |
Static Levels
| Level | Type | Touches | Distance |
|---|---|---|---|
| 1.1779 | Resistance | 2× | +2.22% / 256.0 pips |
| 1.1729 | Resistance | 2× | +1.79% / 205.8 pips |
| 1.1668 | Resistance | 2× | +1.26% / 144.7 pips |
| 1.1505 | Support | 2× | -0.15% / 17.4 pips |
| 1.1444 | Support | 2× | -0.69% / 79.1 pips |
EUR/USD is trading at 1.1523 (+0.50%) as it continues to show strength above both the 20-day simple moving average (SMA) at 1.1420 and the 50-day SMA at 1.1483, indicating an uptrend. The price is currently positioned just below the ascending dynamic resistance trendline at 1.1536, only 13.5 pips away, while the nearest dynamic support trendline is flat at 1.1349, 174.4 pips lower. This suggests that the market is in a sideways channel, but with a slight upward bias.
On the static horizontal support and resistance front, the closest static resistance level is R1 at 1.1668, which is 144.7 pips away, while the nearest support level is S1 at 1.1505, just 17.4 pips below the current price. This proximity to S1 indicates a potential area of support that could be tested if the price retraces.
The RSI(14) is at 64.1, placing it in neutral territory, which suggests that while the momentum is positive, there is still room for further upside without entering overbought conditions.
In the short term, the outlook remains bullish as long as the price holds above the key support levels. A break above the dynamic resistance at 1.1536 could open the door for a test of R1 at 1.1668, while a drop below S1 at 1.1505 would signal a potential reversal in sentiment. Traders should watch for any significant economic data releases that could impact the euro or dollar, as these could serve as catalysts for movement in either direction.
Disclaimer
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