EUR/USD opened Monday at 1.16481 and touched a weekly high of 1.16644 before sliding to close Friday at 1.16141. The pair shed 340 pips or 0.29% across the five trading days, with the bulk of losses concentrated in Wednesday's session where price dropped to the weekly low of 1.15941.
Thursday's headline captures the week's story: "The USD has reversed most of the earlier declines vs the EUR, JPY and GBP." Dollar strength emerged as the dominant theme, particularly as Asian markets came under pressure. South Korea's KOSPI index plunged sharply while the won hit a 17-year low against the dollar, triggering safe-haven flows into USD.
China's central bank policy moves added to the dollar bid. When emerging market currencies weaken sharply, EUR/USD typically catches the spillover selling as traders reduce risk exposure across the board.
No high-impact events are scheduled for EUR/USD in the coming week according to the economic calendar. This leaves the pair vulnerable to continued position squaring and technical trading. Without fresh fundamental catalysts, any recovery attempts will likely meet resistance near this week's high at 1.16644. Conversely, a break below Wednesday's 1.15941 low would open the path toward 1.1550.
LHFX client positioning shows 51.6% of traders are long EUR/USD versus 48.4% short as of Friday morning. This nearly balanced split reflects the market's indecision after the week's volatility. The slight long bias suggests retail traders view current levels as a buying opportunity, though the narrow margin indicates no strong conviction either way.
The weekly low at 1.15941 stands as immediate support. If price closes below there, the psychological 1.1550 level comes into focus. On the upside, this week's high at 1.16644 marks first resistance, followed by the 1.1700 round number. Friday's tight 97-pip range suggests consolidation before the next directional move.
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 由以下实体组成:
LHFX 是 Longhorn Ltd 的交易名称。Longhorn Ltd 是一家毛里求斯公司,经毛里求斯金融服务委员会授权并受其监管,持有投资交易商牌照,牌照编号为 GB23202204,代码 SEC-2.1B。办公地址:Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius。GBC 编号 C200455。
LHFX SA (PTY) Ltd 是一家经授权的金融服务提供商("FSP"),在南非金融业行为监管局("FSCA")注册并受其监管,牌照编号为 52816。注册地址:1 Hood Avenue Rosebank Johannesburg Gauteng 2196。
Longhorn Ltd 不提供法币兑换服务,也不提供加密货币兑换服务。
本网站上的信息不构成,也不应被解释或理解为在任何司法管辖区从事任何投资或交易活动的诱导或招揽,在该司法管辖区,此类活动可能违反当地法律或法规。
LHFX 不向美国公民及居民,或任何此类分发或使用违反当地法律法规的国家的公民及居民提供服务。
风险警示
外汇、虚拟资产或其他场外产品的保证金交易风险较高,可能并不适合所有人。我们建议您根据自身情况,仔细评估交易是否适合您。
差价合约(CFD)是复杂的金融工具,因杠杆作用而存在较高的亏损风险。请考虑您是否了解 CFD 的运作方式,以及您是否能够承受亏损的高风险。
任何盈利均可能须缴纳税款,建议您就税务状况寻求独立专业意见。