EURUSD week ahead: Quiet calendar tests 1.16 support, 2026-05-25

How last week left EURUSD

EURUSD opened Monday at 1.16132 and closed Friday at 1.16021, dropping 111 pips or 0.96% across the five sessions. The pair tested 1.16618 early in the week before sellers took control, pushing price down to test 1.15758 on Thursday.

What this week is about

This week shapes up as a technical trading environment with no high-impact economic events on the calendar. Monday brings a particularly thin liquidity setup with US and UK markets closed for holidays while European markets remain open.

The focus shifts to the 1.15758 support tested last Thursday and whether buyers defend it. With no data to break the range, traders will watch if the pair can reclaim 1.16244 or if sellers push toward 1.1550.

Scenarios for the week

If EURUSD holds above the 1.1575 area tested last Thursday, buyers may attempt to reclaim 1.16244, last Wednesday's close. A sustained move above that level would bring the 1.1650 zone back into focus. If selling resumes and price breaks below 1.1575, the psychological 1.1550 level becomes the next obvious downside target.

Positioning into the new week

Current positioning shows a nearly balanced market with 51.6% of traders long and 48.4% short as of Sunday morning. This even split suggests no strong directional conviction heading into the holiday-shortened week, leaving room for either a continuation of last week's decline or a corrective bounce.

Levels to watch

Three levels stand out as the week begins. The 1.15758 Thursday low serves as immediate support, followed by the round 1.1550 level just below. On the upside, 1.16244 marks the first resistance, with the 1.1650 area above that representing last week's failed breakout zone. These are reference levels for observing market behavior, not entry signals.

Byline: LHFX Research

Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa. LHFX does not accept US persons.