US Dollar Appreciates To Record-High Against Euro, As Eurozone Risks Remain
The U.S. dollar jumped to a five-year high against the euro on Thursday, following European Central Bank (ECB) President Mario Draghi’s comments.
Draghi hinted that uncertainties related to international trade tensions, emerging market turmoil and geopolitical risks continue to plague the outlook for the euro zone’s economy. That probably set off market expectations of a dovish stance from the ECB, at least for the near-term. The euro was -0.18% lower against the dollar at $1.136, after falling as low as $1.1308 - its lowest since Dec. 17.
What could have potentially added to the dollar’s upside was strong labor market conditions in the U.S. Latest official figures revealed that the number of applicants for unemployment benefits fell to more than a 49-year low last week in the U.S. The dollar index - which tracks the US dollar’s value against a basket of other currencies like the euro, yen, British pound and three others - was up +0.15% at 96.265
EURUSD sees MACD Histogram just turned negative
EURUSD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on July 05, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 114 instances where the indicator turned negative. In of the 114 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EURUSD moved out of overbought territory on July 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on July 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EURUSD as a result. In of 147 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EURUSD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EURUSD entered a downward trend on July 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EURUSD advanced for three days, in of 259 cases, the price rose further within the following month. The odds of a continued upward trend are .
EURUSD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
Advertisement