Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

EUR/USD Buyers Eye Breakout Above 100-Day SMA

Guavy AI Editorial Team
Instruments
EUR USD
Share

The EUR/USD currency pair is at a critical juncture as buyers test the 100-day simple moving average (SMA), currently around 1.0840, signaling a potential shift in market direction.

According to technical indicators, momentum has turned bullish, with the Relative Strength Index (RSI) above 50 and the Moving Average Convergence Divergence (MACD) printing a bullish crossover.

The recent price action comes amid a softer US dollar, driven by expectations of a potential Federal Reserve rate cut. This divergence in monetary policy expectations between the Federal Reserve and the European Central Bank is providing a tailwind for the euro.

More on Forex

Forex 1m ago

Trump Pushes Influence Over Fed Through Regular Calls with Warsh

Forex 2m ago

Fed's July FOMC Meeting Leaves Investors Questioning Inflation Resolve

Forex 2m ago

Inflation Worries Send Investors Flocking to Inflation-Linked Bonds

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy