FX.co ★ berta.hill | EUR/USD

Simple Moving Average Technical Analysis on trading in the EurUsd market pair on Saturday, June 6, 2026 Positive economic data release of the American Non Farm Payroll and above analysis caused the American dollar to strengthen against the Euro, leading to a price weakening in trading in the EurUsd market pair that took place last Friday. Sellers were able to dominate the market by intervening with a larger amount, successfully pushing the price down bearishly away from the seller's resistance area at 1.1644-1.1643, and the price continued to move strongly bearish downwards. Observed on the Daily time frame using technical Moving Average, it appears that the EurUsd market pair is once again under the control of sellers who are still superior to buyers. Sellers successfully pushed the price down bearishly away from the Red MA 50 area at 1.1668, supported by the formation of a very strong bearish candlestick indicating that the bearish pressure from sellers is supported by market participants who want the EurUsd pair price to continue weakening bearishly even further. The advantage held by sellers will be maintained in the trading of the upcoming week, targeting the EurUsd pair price to continue falling towards the buyer's Support demand area at 1.1450-1.1410, and if successfully penetrated, will cause the EurUsd pair price to continue plummeting even further. Trading on the next Monday is estimated to be dominated by sellers attempting to bring the EurUsd pair price down bearishly, targeting the price to reach its nearest support area at 1.1513-1.1512. If the nearest buyer support area is strongly penetrated by sellers, the price will weaken further down with a target towards the next seller resistance area at 1.1440-1.1439. However, if unsuccessful, the price will be controlled by buyers again, causing the price to move up bullishly higher towards its nearest seller resistance area at 1.1650-1.1651. If buyers manage to break above the nearest resistance area, the EurUsd pair price will surge up bullishly towards the next seller resistance area at 1.1724-1.1725.