EUR/USD price analysis: Steadie Euro near 1,1200 among mixed technical signals

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  • EUR/USD trades around zone 11200 with diminutive profits on Thursday.
  • Short -term indicators remain mixed, and long -term trends support a stubborn perspective.
  • Key support levels are below, with resistance focused near the latest ups.

. EUR/USD On Thursday, the couple kept a constant tone near the zone 11200, carefully reflecting the stubborn position after the European session. The price action remains in the middle of the last range, which indicates sustainable moods despite mixed compact -term signals. The wider technical structure remains supporting, and the long -term average walking still favors buyers, which is a solid foundation of potential profits.

From a technical point of view, the couple presents elaborate, but generally positive prospects. The relative force indicator (RSI) floats around 40, which indicates a neutral rush without a clear directional pressure. However, the discrepancy of the movable medium convergence (MacD) signals sell the shoot, reflecting the ongoing phase of consolidation. Meanwhile, the average directional index, trade in the 1930s, confirms a needy trend, increasing mixed compact -term perspectives. On the other hand, the freight channel index flashes with the purchase conditions, indicating a potential rush up, while the amazing oscillator remains neutral, reflecting the lack of a clear belief in both directions.

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Medium movable are a more supportive background. While the 20-day straight average mobility suggests short-term sales pressure, long-term 100-day and 200-day SMA, along with a 50-day interpretative and uncomplicated average average, they are still stubbornly compatible with a broader trend. This combination of compact -term caution and long -term support reflects the current phase of couple consolidation, and buyers still control a wider time frame.

Support levels are identified around 1,1130, 1.1099 and 1.1091. The resistance is centered near 1,1196, 1.1222 and 1,1234. The empty movement above the direct resistance zone can confirm the wider break, while the movement below support can cause a compact -term correction, potentially testing the lower end of the last range.

Daily chart

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