FXGlory Ltd
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EUR/USD H4 Technical and Fundamental Analysis for 07.10.2025
Time Zone: GMT +3
Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today, EUR-USD market participants are focused on significant data and speeches impacting both the USD and EUR currencies. The U.S. unemployment claims and speeches by Federal Reserve officials including Alberto Musalem, Christopher Waller, and Mary Daly could induce volatility, especially if the tone leans hawkish. For the EUR, attention is directed towards CPI figures from Destatis and industrial production data from Istat, which could strongly influence market sentiment and currency strength, potentially setting the stage for volatility and trading opportunities.
Price Action:
Analyzing the EUR USD price action on the H4 timeframe, after breaking a critical resistance level around 1.16090, EURUSD is currently experiencing a pullback towards this significant technical area, now acting as support. This region also coincides closely with a rising trend line, creating a potential reversal zone (PRZ). Given recent bearish momentum in the pullback, a clear bullish reaction near this PRZ would confirm the continuation of the prior bullish trend, making it a key area to watch closely.
Key Technical Indicators:
Parabolic SAR: The indicator is currently placed above the recent candles, indicating bearish short-term sentiment. However, a reversal below the candles would suggest renewed bullish momentum.
RSI: Currently at 46.40, RSI shows neutral conditions with slight bearish bias. The indicator implies that there's still room for the price to either continue slightly downward or reverse upwards strongly without becoming oversold or overbought immediately.
MACD: The MACD histogram is showing diminishing bearish momentum, nearing the zero line from below. A bullish crossover, if confirmed, would significantly support a bullish reversal scenario in line with the PRZ.
Support and Resistance:
Support: Immediate technical support lies around the 1.16090 level, strengthened by a rising trend line.
Resistance: Short-term resistance is observed near 1.17400, represented by recent swing highs.
Conclusion and Consideration:
EUR-USD price action suggests potential bullish opportunities as it approaches a strong confluence of support around 1.16090. Traders should carefully watch this area for signs of bullish reversals, supported by MACD and RSI indicators showing waning bearish momentum. However, given significant fundamental news events scheduled today for both EUR and USD, market participants should expect heightened volatility and exercise risk management accordingly.
Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.
FXGlory
07.10.2025
Time Zone: GMT +3
Time Frame: 4 Hours (H4)
Fundamental Analysis:
Today, EUR-USD market participants are focused on significant data and speeches impacting both the USD and EUR currencies. The U.S. unemployment claims and speeches by Federal Reserve officials including Alberto Musalem, Christopher Waller, and Mary Daly could induce volatility, especially if the tone leans hawkish. For the EUR, attention is directed towards CPI figures from Destatis and industrial production data from Istat, which could strongly influence market sentiment and currency strength, potentially setting the stage for volatility and trading opportunities.
Price Action:
Analyzing the EUR USD price action on the H4 timeframe, after breaking a critical resistance level around 1.16090, EURUSD is currently experiencing a pullback towards this significant technical area, now acting as support. This region also coincides closely with a rising trend line, creating a potential reversal zone (PRZ). Given recent bearish momentum in the pullback, a clear bullish reaction near this PRZ would confirm the continuation of the prior bullish trend, making it a key area to watch closely.
Key Technical Indicators:
Parabolic SAR: The indicator is currently placed above the recent candles, indicating bearish short-term sentiment. However, a reversal below the candles would suggest renewed bullish momentum.
RSI: Currently at 46.40, RSI shows neutral conditions with slight bearish bias. The indicator implies that there's still room for the price to either continue slightly downward or reverse upwards strongly without becoming oversold or overbought immediately.
MACD: The MACD histogram is showing diminishing bearish momentum, nearing the zero line from below. A bullish crossover, if confirmed, would significantly support a bullish reversal scenario in line with the PRZ.
Support and Resistance:
Support: Immediate technical support lies around the 1.16090 level, strengthened by a rising trend line.
Resistance: Short-term resistance is observed near 1.17400, represented by recent swing highs.
Conclusion and Consideration:
EUR-USD price action suggests potential bullish opportunities as it approaches a strong confluence of support around 1.16090. Traders should carefully watch this area for signs of bullish reversals, supported by MACD and RSI indicators showing waning bearish momentum. However, given significant fundamental news events scheduled today for both EUR and USD, market participants should expect heightened volatility and exercise risk management accordingly.
Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD. Market conditions can change quickly, so staying informed with the latest data is essential.
FXGlory
07.10.2025
