2026-08-26 · FOREX
Euro / US Dollar (EUR/USD) Daily Analysis
BUY
70% confidence · 1.1678 USD
TREND
EUR/USD shows a strong bullish trend with the price at 1.1678 USD trading above the 9-period EMA at 1.16, the 21-period EMA at 1.16, and the 50-period EMA at 1.15.
SUMMARY
EUR/USD maintains its bullish momentum today, with the price at 1.1678 USD holding above key moving averages. The RSI at 69.43 indicates strong buying pressure, though it's nearing overbought territory. While the MACD is noted as 0 (Bearish), its impact is currently overshadowed by the robust price action. Compared to yesterday's BUY signal at 1.1673 USD with 60% confidence, the signal has held steady and strengthened to 70% confidence, with the price showing a slight upward move.
SUPPORT
1.14
RESISTANCE
1.17
TIMEFRAME BIAS
The short-term bias is strongly bullish as the price is above all short and medium-term EMAs, while the long-term bias remains undefined due to the absence of EMA200 data.
PATTERNS
No significant patterns detected.