USD/EUR Price & Performance (USDEUR)

The EUR/USD currency pair is navigating mixed market signals, hovering near 1.0800 with slight bearish pressure. Technical indicators suggest a bullish broader trend, supported by moving averages. However, oscillators like MACD signal potential softness. Key resistance lies at 1.0820, while support zones are at 1.0770 and 1.0765.12

The EUR/USD pair has declined for six consecutive days, dropping below 1.0750 amid fears of escalating US-EU trade tariffs. President Trump's plans for auto tariffs and reciprocal measures by the EU are fueling market uncertainty. Investors are bracing for further downside as trade tensions remain unresolved.34

European stock indices rose on optimism over German business confidence, with the STOXX 50 up 0.7%. Meanwhile, the EUR/USD pair remains volatile, pressured by tariff uncertainties and mixed PMI data. The euro's recent strength has waned, reflecting broader market apprehensions about upcoming trade policies.56