EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens

Source Fxstreet
  • EUR/USD trades near the 1.1200 zone after a sharp rally.
  • Technical indicators lean bullish, with MACD favoring more upside and key moving averages aligned to support.
  • Support seen near 1.1000 area while resistance is uncharted after breaking to new yearly highs.


The EUR/USD pair extended its rally on Thursday’s session after the European close, pushing toward the 1.1200 area and posting one of its strongest daily gains in recent months. The move, which places the Euro near the upper boundary of its intraday range between 1.09426 and 1.1220, underscores the pair's bullish momentum as it tests fresh 2025 highs.

Technically, the structure remains supported by a solid combination of indicators. The Relative Strength Index (RSI) sits at 70.98, a level considered high yet still not in extreme overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) is flashing a buy signal, pointing to continued upward strength. The Williams Percent Range (−0.50) and Stochastic %K at 68.41 both remain in neutral territory, suggesting there is still room for price extension before a reversal becomes a concern.

Key moving averages reinforce the bullish tone. The 20-day Simple Moving Average (SMA) at 1.08865, the 100-day at 1.05475, and the 200-day at 1.07399 are all sloped upward and well below current levels, confirming broader trend support. Similarly, the 10-day Exponential Moving Average (EMA) at 1.09561 and the 10-day SMA at 1.09285 further strengthen the short-term positive bias.

In terms of levels, initial support is found at 1.10309, followed by 1.09606 and the 10-day EMA at 1.09561. With the pair now trading near yearly highs, resistance is less defined, and traders may look for psychological levels or fib projections as the next potential hurdles.


Daily chart


Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold price advances to $3,335 area; lacks bullish conviction amid reduced Fed rate cut betsGold price (XAU/USD) edges higher during the Asian session on Wednesday and reverses a part of the overnight downfall to a multi-day low, though it lacks follow-through buying.
Author  FXStreet
Yesterday 05: 48
Gold price (XAU/USD) edges higher during the Asian session on Wednesday and reverses a part of the overnight downfall to a multi-day low, though it lacks follow-through buying.
placeholder
Trump steps in to save Crypto Bills from GOP rebelsTrump reportedly brokered a deal with conservative House Republicans to revive long-awaited crypto bills that had faced a surprise setback recently.
Author  Cryptopolitan
20 hours ago
Trump reportedly brokered a deal with conservative House Republicans to revive long-awaited crypto bills that had faced a surprise setback recently.
placeholder
Baidu's Stocks Surge in US and Hong Kong as Apollo Go Teams Up with Uber for Global ExpansionChinese search engine giant Baidu announced a multi-year partnership with ride-hailing titan Uber.
Author  TradingKey
20 hours ago
Chinese search engine giant Baidu announced a multi-year partnership with ride-hailing titan Uber.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
20 hours ago
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
U.S. House failed again to vote on key crypto bills, despite Trump’s promiseThe House just blew another chance to move forward on crypto legislation.
Author  Cryptopolitan
4 hours ago
The House just blew another chance to move forward on crypto legislation.
Related Instrument
goTop
quote