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

EUR/USD Uptrend Halts as Buyers Breathe After 20% Surge

Guavy AI Editorial Team
Instruments
EUR USD JPY
Share

The EUR/USD currency pair has experienced a significant uptrend in recent days, pushing above 1.1620 and forming a bullish trend line on the 4-hour chart with support near 1.1610.

However, the buyers may be digesting their strong gains as the pair consolidates after reaching a high of 1.1711 on TitanFX.

The consolidation phase comes after Bitcoin and Ethereum rallied over 20% before testing resistance zones and potentially starting a downside correction.

The USD/JPY might start a fresh increase if it settles above 159.60, but for now, the focus is on EUR/USD's technical analysis.

More on Forex

Forex 3m ago

Canada Unleashes Counter-Tariffs in Escalating Trade Spat with US

Forex 3m ago

Canada-US Trade War Looms as Tariff Talks Collapse

Forex 4m ago

Rupee Opens Higher Against Dollar Amid Robust Capital Inflows

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. 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