Ends week near 1.1400, down below the 200-DMA
The post Ends week near 1.1400, down below the 200-DMA appeared on BitcoinEthereumNews.com.
The Euro finalized the week posting losses of over 1.74% against the Greenback and 0.84% in the day. The EUR/USD posted four bearish days after falling below the 200-day Simple Moving Average (SMA) at 1.1672, turning the pair bearishly biased. At the time of writing, the pair trades at 1.1414. EUR/USD Price Forecast: Technical Outlook Weekly analysis The EUR/USD weekly chart shows the pair is dipping below 1.1450, opening the door to further downside. Momentum is bearish as the Relative Strength Index (RSI) turned negative three weeks ago, after falling below the 50-neutral level. Hence, the most likely scenario for EUR/USD is to extend its losses. The first key support level would be 1.1400, followed by 1.1300. A breach of those levels will expose the next major support area, the 100-week SMA at 1.1165. EUR/USD Weekly Chart Daily analysis The EUR/USD daily chart shows a similar picture, though the first key support level will be the August 1, 2025, swing low at 1.1391. If breached, it opens the door to further downside, with the May 29, 2025, daily low at 1.1210. On further weakness, the next area of interest would be the May 12, 2025, bottom at 1.1065. EUR/USD Daily Chart Euro Price This week The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 1.15% 0.89% 1.04% 0.86% 0.05% 1.68% 1.51% EUR -1.15% -0.36% -0.11% -0.32% -1.12% 0.37% 0.34% GBP -0.89% 0.36% 0.19% 0.05% -0.76% 0.77% 0.66% JPY -1.04% 0.11% -0.19% -0.19% -0.97% 0.48% 0.48% CAD -0.86% 0.32% -0.05% 0.19% -0.82% 0.73% 0.61% AUD -0.05% 1.12% 0.76% 0.97% 0.82% 1.54% 1.35% NZD -1.68% -0.37% -0.77% -0.48% -0.73% -1.54% -0.11% CHF -1.51% -0.34% -0.66% -0.48% -0.61%…
Filed under: News - @ March 13, 2026 10:17 pm