A Data Partner of:
Refinitiv
May 25 - 09:55 PM

EUR/USD - EU/US Trade Tensions, Topside Bias Returns

By Andrew Spencer  —  May 25 - 07:42 PM

• +0.15% extending Friday's 0.75% gain, with the U.S. dollar 0.8% lower

• The EU urged respect, not threats, after Trump pushed for 50% tariffs

• Trump extends the deadline to reach an EU trade deal until July 9

• Russia launches war's largest air attack on Ukraine - kills at least 12

• Charts- flat 21-day Bolli bands, 5, 10 & 21-day moving averages base/rise

• Daily momentum studies base/rise - daily charts show a topside bias

• Thursday's 1.1255 base, then May 16th's 1.1131 low are initial supports

• May 1.1381 high under pressure, then 1.1425 Apr 28th top, first resistance

• 1.1300 821mln are the only significant close May 26th strikes
Andy


(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

eFX Plus

FX Orders Data Since 2014

  • Institutional Derived FX Orders
  • 5 Dedicated Technical Traders
  • Trade of the Week
  • Quant Models
  • Currency & Commodity Forecasts
  • Machine Readable Insights
  • Data Previews
  • A data parter of  LSEG

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!