EUR/USD Slight Rebound, Approaching Key Short-Term Turning Point
As of April 8, 2025, the EUR/USD 1-hour chart shows signs of resilience within a short-term downtrend, with a recent shift toward a rebound. This article analyzes the outlook using key technical indicators such as the ADX, MACD, and moving averages, while also presenting practical trading strategies. For the latest fundamental updates on the euro, please refer to the following sources:
Key Point 1: Price Battling Between 200MA and 50MA
On the chart, candlesticks are currently positioned between the 200-period (red) and 50-period (blue) moving averages. This suggests a clash between short-term and medium-to-long-term trends. The price is currently hovering around 1.0978, with the psychological barrier at 1.1000 coming into focus.
Image source: cTrader platform
Key Point 2: ADX Above 40 Signals Stronger Trend
The ADX (Average Directional Index) has exceeded the 40 level, indicating increasing trend strength. This aligns with the recent sequence of bullish candles, signaling rising buying pressure. A break above 1.0985 could trigger a short-term trend reversal to the upside.
Key Point 3: MACD Bullish Cross, Reversal Signal Flashing
The MACD line appears to be crossing above the signal line from below — a potential bullish crossover. The histogram is also converging toward the zero line, suggesting a possible momentum reversal. However, caution is advised until a clear break above the zero line is confirmed.
Outlook & Trading Strategy: Watch for 1.0985 Breakout
EUR/USD is showing signs of bottoming out. The following technical elements may serve as decision points for traders:
Whether MACD breaks above the zero line
Whether ADX remains elevated, indicating sustained trend strength
Whether the 1.0985 resistance is clearly broken
Example Trade Scenarios
Bullish Scenario (Rebound Continuation)
Entry: Around 1.0980–1.0985
Target: Above 1.1010
Stop Loss: Below 1.0955
Bearish Scenario (Double Top Rejection)
Entry: Below 1.0950
Target: 1.0915
Stop Loss: Above 1.0980
Note: These strategies are based on technical analysis and should be used for reference only. Always make trading decisions at your own discretion and risk.
Summary: EUR/USD in Transition – Trade Carefully
The current technical picture shows strong signs of a potential rebound, and a short-term bullish scenario is becoming more plausible. However, unless the key resistance is clearly broken, there remains a risk of returning to a range-bound market. The next 1–2 days may be critical in defining the future direction of EUR/USD. Flexible and cautious decision-making is essential.
Disclaimer
This content is provided for informational purposes only and does not constitute investment advice. Please make all trading decisions based on your own judgment and responsibility.
For the latest updates, visit the FIXIO Blog.
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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