EUR/USD Market Update
The EUR/USD currency pair is managing to maintain its position after three consecutive days of decline, hovering around 1.1610 during Friday’s Asian trading session. The 14-day Relative Strength Index (RSI) sits at 35, indicating a somewhat neutral bearish momentum, suggesting there’s a downside tendency.
Upon reviewing the daily charts, it’s clear that the pair is trading below both the 9-day and 50-day exponential moving averages (EMAs), which signals a bearish outlook. Interestingly, the short-term average is declining faster than the medium-term average, which is preventing any significant rebounds.
As the EUR/USD remains beneath its short-term moving average, the bearish sentiment continues. There are some downside risks particularly aimed at the support level around the six-week low, recorded on December 1 at 1.1589. If this level is breached, it could lead to targeting the next support at 1.1468, a figure not seen since August 2025.
Conversely, should the pair look to the upside, initial resistance can be found at the 9-day and 50-day EMAs positioned at 1.1648 and 1.1673. A bounce from these averages might relieve some of the pressure, potentially pushing the price towards the three-month high of 1.1808 reached on December 24, followed by a possible test of 1.1918, which was last seen in June 2021.
Today’s Euro Price
The following table shows the Euro’s (EUR) performance against other major currencies today. Notably, the euro has emerged as the strongest against the US dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.05% | -0.08% | -0.28% | -0.08% | -0.12% | -0.37% | -0.11% | |
| EUR | 0.05% | -0.03% | -0.24% | -0.03% | -0.06% | -0.31% | -0.06% | |
| GBP | 0.08% | 0.03% | -0.21% | 0.00% | -0.03% | -0.27% | -0.02% | |
| JPY | 0.28% | 0.24% | 0.21% | 0.24% | 0.19% | -0.06% | 0.20% | |
| CAD | 0.08% | 0.03% | -0.00% | -0.24% | -0.05% | -0.30% | -0.03% | |
| AUD | 0.12% | 0.06% | 0.03% | -0.19% | 0.05% | -0.25% | 0.00% | |
| NZD | 0.37% | 0.31% | 0.27% | 0.06% | 0.30% | 0.25% | 0.26% | |
| CHF | 0.11% | 0.06% | 0.02% | -0.20% | 0.03% | -0.01% | -0.26% |
The heat map above illustrates the percentage change among major currencies, using the base currency from the left column against the quote currency along the top row.
