This EUR/USD technical analysis examines the latest movements in the euro-dollar exchange rate as of April 2025. EUR/USD has been on a strong bullish trend since earlier this week and is currently testing resistance around 1.1400. In this blog post, we analyze the 1-hour chart using key indicators such as the 50-period and 200-period Moving Averages (MA), ADX, MACD, and trading volume to provide actionable insights into what might come next.
Source: cTrader
As of April 14, 2025, the 1-hour chart shows EUR/USD continuing its upward momentum just below the 1.1400 resistance. Two key moving averages help confirm the trend:
This alignment reflects a strong and sustained bullish trend, especially with both the MA50 and MA200 sloping upward.
Trading volume spiked during the strong upward move from the 11th to 12th, then declined slightly during the recent sideways consolidation. This suggests that buying pressure has temporarily eased as traders take profits or reassess positions.
The ADX (green line) is hovering around 60, indicating a very strong trend. This confirms that the current bullish momentum is supported by solid directional strength.
The MACD line (yellow) and signal line (red) remain above the zero line, which is bullish. However, both are slightly turning downward, suggesting a temporary loss of momentum.
Unless new buying volume enters the market, a period of sideways movement or minor correction may follow.
Key Levels to Watch:
The current EUR/USD setup remains bullish, with both the moving averages and ADX supporting continued upside. However, the MACD is showing early signs of slowing, indicating that momentum may be pausing.
The key will be whether EUR/USD can break decisively above 1.1400. A failure to do so may lead to a temporary dip or consolidation before any further advance.
For the latest updates, check the FIXIO Blog.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research before making any trading decisions.
This article is intended for informational purposes only and does not constitute financial or investment advice. The analyses and strategies mentioned are based on past data and current market conditions, and may be subject to change in the future. When making investment decisions, always conduct your own research and consult a professional if necessary.
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