EUR/USD Technical Analysis – 19 November 2025
By: Hussein Sayed (Originally published on DailyForex.com)
The EUR/USD currency pair is undergoing a period of heightened volatility, with technical indicators showing potential signals for both bullish and bearish momentum. Market participants continue to evaluate geopolitical risks, inflationary pressures, and central bank decisions, all of which are influencing the Euro and the US Dollar. In this extended analysis, we break down key support and resistance levels, technical indicators, and broader macroeconomic developments that are shaping the EUR/USD trajectory.
Current Market Overview
At the time of publication, the EUR/USD pair is trading around the 1.0850 mark. That comes after a modest retracement from the recent high posted last week, when the pair tested a critical resistance area near 1.0900. The EUR/USD is locked in a consolidation range, largely between the 1.0750 and 1.0900 levels, signaling indecision among traders ahead of key economic releases and central bank commentary expected later in the week.
Key Technical Levels
Resistance Levels
Several resistance levels are currently acting as barriers to upward price movement in EUR/USD:
• 1.0900: This level represents a recent swing high and continues to act as psychological resistance.
• 1.0950: A secondary resistance, bolstered by past failed attempts to break higher. A breakout above this level could signal renewed bullish enthusiasm.
• 1.1000: A major resistance zone which, if breached, may indicate a potential long-term shift in trend toward bullish dominance.
Support Levels
On the flip side, key support areas include the following:
• 1.0800: A minor support level that previously served as a breakout zone and has reverted to acting as short-term support.
• 1.0750: Overlapping with the 50-day Simple Moving Average (SMA), this area offers strong support. A breach here could open the door to further declines.
• 1.0680: This is linked to the 100-day SMA and a key Fibonacci retracement level from previous upward movements.
• 1.0600: A more profound level of support that represents the lower bound of the broader medium-term range.
Moving Average Analysis
Price action relative to moving averages provides additional insights:
• 50-day SMA: Currently residing near 1.0750, it supports the idea of a bullish continuation if price action remains above it.
• 100-day SMA: Positioned closer to 1.0680, this marks an important technical level that adds further validation to a bullish or bearish scenario depending on price behavior.
• 200-day SMA: This long-term average lies below 1.0600 and remains essential in defining the overall trend. A sustained move above the 200-day SMA generally supports a longer-term bullish outlook, while dips below it indicate possible deepening bearish sentiment.
Momentum Indicators
The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) provide mixed signals:
• RSI: Currently hovering around 55–60, indicating slightly bullish momentum. However, the pair has not entered overbought territory, suggesting there could be room for more upward strides.
• MACD: The MACD line remains marginally above the signal line, hinting at ongoing but moderate bullish momentum. The flat histogram suggests that momentum may not be strong enough to sustain a long trend unless a fresh catalyst enters the market.
Candlestick Pattern Analysis
The EUR/USD has exhibited mixed candlestick signals over the past sessions. A recent doji candlestick followed a bullish engulfing pattern, which introduces a degree of uncertainty. This combination often signals a pause or potential reversal in trend, depending on subsequent price confirmation.
Short-Term Outlook
In the near term, EUR/USD is likely to continue within the range of 1.0750 and 1.0900. For any immediate breakout trade, traders should follow price action near the extremes
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