EUR/USD Price Analysis and Trade Forecast: Daily Trading Signal

Daily Price Outlook

- Bullish bias holds above $1.04551, with key resistance at $1.05205 and a breakout target of $1.05563.

- 50-EMA at $1.04033 supports near-term strength, but failure to hold above $1.04551 could invite selling pressure.

- Trade setup: Buy above $1.04405, target $1.05199, stop loss at $1.04023 for risk management.

The EUR/USD pair is trading at $1.04566, posting a modest gain of +0.01% as traders assess the dollar’s next move amid shifting macroeconomic conditions.

The pivot point at $1.04551 is the key inflection level—holding above this keeps the short-term bullish case intact, while a sustained drop below could invite further weakness.

On the upside, immediate resistance stands at $1.05205, with a break above potentially paving the way toward $1.05563 and further extension toward $1.05920 if bullish momentum strengthens.

On the downside, support at $1.03922 serves as the first line of defense; if breached, it could accelerate selling pressure toward $1.03321, with $1.02854 acting as a deeper floor.

Technical indicators show a mixed picture. The 50-EMA at $1.04033 is trending slightly below price action, reinforcing a near-term bullish tilt.

However, the broader trend remains fragile, with the euro still struggling to decisively break resistance zones. A failure to maintain above the pivot point could see renewed pressure on the pair, especially if the dollar gains strength.

For traders, a buy entry above $1.04405 offers an opportunity, with a take-profit target at $1.05199 while keeping a stop loss at $1.04023 to manage downside risk.

The euro’s next move hinges on whether it can maintain support and challenge resistance levels. Short-term upside remains intact, but a break below $1.04551 could shift momentum back in favor of the bears.

EUR/USD - Trade Ideas

Entry Price – Buy Above 1.04405

Take Profit – 1.05199

Stop Loss – 1.04023

Risk to Reward – 1: 2

Profit & Loss Per Standard Lot = +$794/ -$382

Profit & Loss Per Mini Lot = +$79/ -$38