FX.co ★ berta.hill | EUR/USD

Simple Moving Average Technical Analysis on the EurUsd market pair on Tuesday, August 11, 2026 Buyer determination stalled again after Monday’s trading on the EurUsd market pair was successfully taken over and maintained by sellers, who managed to block the early-session bullish move above the buyer support area at 1.1564-1.1563. This area was solidly defended by sellers, allowing them to dominate the session and push price further down in a stronger bearish move.

Observed on the Daily timeframe using Moving Average technicals, the EurUsd market pair is once again under seller control, with sellers back in the lead over buyers by continuously pressing price down below the Blue 100 MA located at 1.1567. This move is supported by the formation of a strong bearish candlestick, indicating that today’s trading still has room to continue further down in a deeper bearish move. Sellers are expected to step in more aggressively to keep driving price lower in order to reach and test the Red 50 MA area at 1.1473. If later the selling pressure manages to break strongly below the Red 50 MA area, it will open up the potential for an even deeper bearish move with the next target at the nearest buyer demand support area. However, if it fails to break below the Red 50 MA area, price could potentially turn bullish again. In Tuesday’s early Asian session, price action still appears to be controlled by buyers, who are more dominant and are pushing price up in a bullish move targeting the nearest seller resistance area at 1.1556-1.1557. If this area can be broken convincingly by buyers, the EurUsd pair will strengthen further with the next target at the seller resistance area at 1.1573-1.1574. However, if this resistance fails to break, sellers will take over control of price and aim to push it down in a bearish move targeting the nearest buyer support area at 1.1531-1.1530. If this nearest support area is broken, the EurUsd pair will weaken further with the next target at the following buyer support area at 1.1521-1.1520.