EUR/USD Status Review as of 18/09/2025

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EUR/USD Status Review as of 18/09/2025

 

As indicated in the previous EUR/USD analysis on 10/09/2025, a breach of the 1.17700 resistance level would improve the bullish outlook for the pair. Consequently, buyers successfully initiated an upward cycle, achieving a peak price of 1.19173.
 

In the current market conditions, the long-term outlook, such as on the monthly and weekly timeframes, continues to be interpreted as bullish. Should the price maintain its position above the 1.17800 support level, it holds the potential for further appreciation towards the 1.20000 resistance level.
 

On shorter timeframes, such as the daily and 4-hour charts, the price experienced a minor decline on the 17th. However, upon reaching the critical support zone of 1.17870-1.17800, further descent was halted, and a price floor was established.
 

Considering the prevailing long-term uptrend, if the aforementioned support band is held, the price has the potential for further ascent. Buyers will likely attempt to capture the 1.18700 resistance level, and in a more aggressive scenario, the 1.19100 level.
 

Conversely, the initial signal for a bearish scenario would materialize with a break below the key level of 1.17800. Given that the EUR/USD is generally in an overbought condition, this would be interpreted as a bearish signal, indicating the potential for a price depreciation.
 

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