FX.co ★ Tote | EUR/USD

EURUSD Price Movement Analysis: EUR/USD is hovering around its intraday high of roughly 1.15709 as buyers continue to dominate the pair heading into Tuesday's European session. In front of the Federal Open Market Committee (FOMC) meeting the following week, the Euro pair is applauding the forceful statements made by ECB officials and the negative attitude surrounding the Federal Reserve (Fed). However, it should be noted that recent pair purchases have been put to the test by technical considerations, news that challenges the mood and puts the US dollar bears to the test, and the cautious attitude that has been prevalent before to significant data or events. As bulls continue to dominate the sentiment around the euro, the EUR/USD pair will once more dance about the region around 1.15909 on Tuesday. Despite failing to break through the six-week-old resistance line the day before, bulls continue to hold control above the 10-DMA, at the latest near 1.15159, as EUR/USD begins a run-up to target the suggested big hurdle surrounding 1.16109. The most recent multi-day top, which was at 1.16209, and the high from April 2026, which was near 1.16269, will also need to confirm for the EUR/USD bulls to keep control. If the 10-DMA support level of 1.15159 breaks downward, the Euro bears may hit the resistance line from mid-December, at 1.13409. The last weekly low and the peak in December 2026, at 1.14559 and 1.14259, respectively, may serve as the downside filters for the EUR/USD pair. EUR/USD will probably be on the bull's radar even if the upside is limited.