EURUSD Technical Analysis: The EUR/USD pair is trading in a noticeable upward trend today. The pair recorded its highest price so far at 1.0874, and its lowest price at 1.0842, indicating positive momentum in the market. The current price at 1.0869 reflects the pair’s consolidation in this trend.
EURUSD Technical Analysis Technical Analysis:
The price action indicates that the pair is trading above the moving averages, reflecting the continuation of the upward trend. The MACD indicator is also showing positive signs, with an increase in buying momentum, which reinforces expectations of the pair continuing to rise in the short term.
Economic Data:
Traders are awaiting the release of US economic data, including the unemployment claims index, which is likely to affect the pair’s movement. Changes in these data may lead to significant price fluctuations, so it is important to follow any unexpected results.
Forward Outlook:
During the day, the EUR/USD pair is expected to continue its upward trend, provided that the economic data comes in line with expectations. Any positive results may strengthen the pair, while negative results may lead to a correction or temporary decline.

Trading strategies based on Buy/Sell levels
In case of buying | in case of selling | EURUSD |
1.0876 | 1.0850 | Entry point |
First resistance: 1.0889 | First support: 1.0841 | Target Point 1 (TP1) |
Second resistance: 1.0910 | Second support: 1.0831 | Target Point 2 (TP2) |
1.0850 | 1.0876 | Stop Loss (SL) |
The EUR/USD pair seems to be in a good position to continue the upward trend, with the need to pay attention to the upcoming economic data, as it can greatly affect the pair’s trading in the coming period.