eur/usd today updates

As of February 18, 2025,
the EUR/USD currency pair is exhibiting a neutral trend on both the 4-hour and 15-minute timeframes.
Technical indicators, including moving averages and oscillators, do not show a strong bias toward either buying or selling. This suggests a period of consolidation, with no clear directional momentum.

In terms of supply and demand dynamics, the pair is trading within a range, indicating a balance between buyers and sellers.


Key support and resistance levels are identified at 1.04 and 1.08, respectively. A decisive break above 1.08 could signal bullish momentum, while a drop below 1.04 might indicate bearish trends.



Supply (Resistance) Levels:

1.0532: This level corresponds to the high observed on January 27, 2025. A break above this point could indicate bullish momentum.
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1.0629: This is the peak recorded in December 2024. Surpassing this level may signal a stronger upward trend.


Demand (Support) Levels:

1.0455: Identified as a support area, a decline to this level may attract buyers, potentially leading to a price rebound.


1.0415: A drop below this threshold could suggest increased bearish pressure, possibly leading to further declines.