Skip to content
Risk warning: Our products are leveraged and carry a high level of risk, which can result in the loss of your entire capital. Such products may not be suitable for all investors. It is crucial to understand the risks involved fully.
  • Support
  • For Institutionals
  • Trading

    Trading Platforms

    • MetaTrader 4 Terminal
    • MetaTrader 5 Terminal
    • PAMM Accounts
    • Equinix Trading Server

    Markets coverage

    • Forex Currencies
    • Spot Metals
    • Commodities

     

    • CFDs on Stocks
    • Indices
    • CFDs on Crypto

    Start Trading

    • Standard Accounts For individuals
    • Institutional Account For professionals
    • Deposits & Withdrawals
  • Conditions

    Trading Conditions

    • Spreads Overview
    • Swap-Free
    • Leverage Information

     

    • CFD Specifications
    • Full Trading Conditions

    Invest on your terms

    Transparent pricing, reduced trading costs, and leverage that adapts to your strategy.

    Explore conditions
  • Tools
    • Weekly Outlook
    • Daily Technical
    • Market Commentary
    • Economic Calendar
    • Blog
  • About
    • About OnEquity
    • Company News
    • Legal Documentation
    • Client Protection
    • Help & Support
    • FAQs
  • Partners
Edit Content
  • English
    ACTIVE
Other languages:
  • Español – Spanish
  • Português – Portuguese
  • English – International
  • Trading
    • Markets Coverage
    • MetaTrader 5 Platform
    • MetaTrader 4 Platform
    • Standard Accounts
    • Institutional Account
    • PAMM Accounts
    • Equinix Trading Server
    • Deposits & Withdrawals
  • Conditions
    • Spreads Overview
    • Leverage Information
    • Swap-Free Trading
    • CFD Specifications
    • Full Trading Conditions
  • Tools
    • Daily Technical
    • Weekly Outlook
    • Market Commentary
    • Economic Calendar
    • Blog
  • About
    • About OnEquity
    • Company News
    • Legal Documentation
    • Client Protection
    • Help & Support
    • FAQs
  • Partners
  • Client Portal
  • Open Account
Edit Content
  • English
    ACTIVE
Other languages:
  • Español – Spanish
  • Português – Portuguese
  • English – International
Open Account
Client Portal
Analysis, Daily Technical

Daily Technical Analysis EUR/USD: The Pair Trades Around 1.1350 After Two Days of Gains

April 14, 2025 OnEquity

The EUR/USD pair edged lower during Monday’s trading, hovering near 1.1360 after two days of gains. The recent uptick was largely fueled by broad-based U.S. Dollar (USD) weakness, as mounting trade tensions between the U.S. and China reignited fears of a global economic slowdown.

On Friday, China’s Ministry of Finance announced a steep increase in tariffs on U.S. imports, raising duties from 84% to 125%. The move came in response to President Donald Trump’s decision a day earlier to hike tariffs on Chinese goods to 145%. In a bid to ease trade friction, the European Union (EU) announced a 90-day suspension of its planned retaliatory tariffs, mirroring Washington’s own pause to encourage renewed trade negotiations.

Speaking to Handelsblatt over the weekend, Germany’s Chancellor-in-waiting Friedrich Merz criticized the Trump administration’s economic policies, warning that “President Trump’s policies are increasing the risk that the next financial crisis will hit sooner than expected.” Merz also called for a new transatlantic trade agreement, proposing “zero percent tariffs on everything” as a mutually beneficial solution.

The U.S. Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, extended its decline for a third straight session, slipping below the 100.00 mark and approaching Friday’s three-year low. The ongoing drop reflects waning investor confidence amid weak economic data and dovish rhetoric from central bankers.

Recent U.S. data offered a mixed picture. The University of Michigan’s consumer sentiment index fell to 50.8 in April, while one-year inflation expectations climbed to 6.7%. March’s Producer Price Index (PPI) eased to a 2.7% annual rate, down from 3.2% in February, with the core rate slowing to 3.3%. Meanwhile, initial jobless claims rose slightly to 223,000, but continuing claims fell to 1.85 million, underscoring ongoing labor market uncertainty.

On Sunday, Minneapolis Federal Reserve President Neel Kashkari told Face the Nation that the economic impact of the Trump-led trade war will depend largely on how quickly uncertainties are resolved. “This is the biggest hit to confidence that I can recall in the 10 years I’ve been at the Fed—aside from March 2020 when COVID first hit,” Kashkari noted.

EUR/USD Daily Technical Analysis for April 14th

Despite Monday’s pullback, the technical outlook for EUR/USD remains bullish. The pair is trading well above all key moving averages, with the 20-day SMA accelerating upward near 1.0910 and staying far above the flat 100- and 200-day SMAs. While the daily chart shows overbought conditions, indicators suggest momentum remains strong.

The Momentum oscillator continues climbing in extreme territory, and the Relative Strength Index (RSI) holds near 76, signaling persistent buying interest.

Should EUR/USD break above the 1.1470 resistance zone, the next targets lie in the 1.1540–1.1560 region, followed by the key 1.1600 handle. On the downside, initial support is expected around the former 2025 high near 1.1240, with further support at 1.1160 if selling pressure increases.

EUR/USD chart
  • Dollar
  • Euro
  • Technical Analysis

Post navigation

Previous
Next

Search

Categories

  • Analysis (227)
  • Beginner (26)
  • Cryptos (150)
  • Currencies (196)
  • Daily Market Watch (6)
  • Daily Technical (152)
  • Education (67)
  • Expert (23)
  • Intermediate (18)
  • Markets (464)
  • News & Releases (22)
  • Stocks (308)
  • Uncategorized (1)
  • Weekly Outlook (72)

Recent posts

  • Japan’s finance minister supports cryptocurrencies as portfolio diversifiers
  • Today’s stocks to watch: Intel, Disney, and PDD
  • U.S stock futures dip after Wall Street rally on Powell’s dovish comments; Nvidia results pending

Tags

Analysis Beginner Bitcoin Cardano company news Crypto Cryptocurrencies Currencies Daily daily market watch Dollar Education Elections ETF ETFs Ethereum Euro Fed Index inflation Japan market commentary Markets oil Outlook Pound Ripple SEC Solana Stablecoin Stock Market Stocks Stocks Market Stocks today Technical Technical Analysis Technology Tether Trading Trump Wall Street Weekly Weekly Outlook Yen Yuan

Related posts

Analysis, Daily Technical

Daily Technical Analysis EUR/USD: stabilizes under 1.1650 as markets anticipate Powell’s speech in Jackson Hole

August 25, 2025 OnEquity

EUR/USD eased on Monday, trading near 1.1700 after advancing around 1% in the previous session. However, losses may remain capped as the US Dollar (USD) continues to face pressure from rising expectations of a Federal Reserve (Fed) rate cut in September, following Fed Chair Jerome Powell’s remarks at the Jackson Hole symposium. Powell acknowledged growing […]

Currencies, Markets

Dollar rises marginally prior to the Fed minutes; the pound sterling gains ground following the CPI increase

August 20, 2025 OnEquity

The U.S. dollar edged higher on Wednesday as traders looked ahead to the release of the Federal Reserve’s July meeting minutes, followed by the annual Jackson Hole symposium, both expected to provide fresh signals on the central bank’s monetary policy outlook. At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against six […]

Analysis, Daily Technical

Daily Technical Analysis EUR/USD: Stabilizes Under 1.1650 as Markets Anticipate Powell’s Speech in Jackson Hole

August 20, 2025 OnEquity

EUR/USD is consolidating above the 1.1600 level, trading near 1.1640 and down 0.12% as markets await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole and monitor developments in the Ukraine-Russia conflict. In the U.S., housing data released Tuesday had little impact, with investors focused instead on last week’s inflation reports. CPI figures initially fueled […]

  • Privacy policy
  • Client agreement
  • Legal
  • Support
  • +2484671965
  • [email protected]
  • Chat with us
Company
  • About us
  • Regulation
  • Safety of funds
  • Company news
  • Blog
  • FAQ
Account options
  • Standard accounts
  • Institutional account
  • PAMM accounts
  • Swap-free account
Conditions
  • Spreads overview
  • Leverage tiers
  • CFD specifications
  • Markets coverage
Trading tools
  • MetaTrader 5
  • MetaTrader 4
  • Equinix trading server
  • Economic calendar
  • Daily technical
  • Weekly outlook
  • Market commentary
OnEquity Ltd is incorporated in Seychelles as a Securities Dealer with License No. SD154, authorized by the Seychelles Financial Services Authority (FSA), adhering to the Consolidated Securities Act, 2007. Registration No. 810588-1.

The website is operated and provides content by the OnEquity group of companies, which include:

OnEquity SA (Pty) Ltd, incorporated in South Africa, Company reg. 2021/321834/07, regulated by the Financial Sector Conduct Authority (FSCA) with FSP No. 53187.

OnEquity LLC, recognized by the Registrar of International Business Companies and the Financial Services Authority in St. Vincent and the Grenadines, Registration No. 286 LLC 2020.

ONEQ Global Ltd, registered in Cyprus, Company reg. HE 435383, located at Agias Zonis 22, Limassol, focusing on comprehensive service solutions within the OnEquity Group.
Risk Disclosure: Trading in financial instruments involves substantial risk and may not be suitable for all investors. The value of investments is volatile and can result in total loss of capital. Investors should consider their financial situation, investment experience, and risk tolerance, and may seek professional advice. Past performance is not indicative of future results.

Eligibility: Services are available to individuals 18 years or older.

Restricted Jurisdictions: The content provided by OnEquity is not intended for residents of the United States, Canada, North Korea, Yemen, Iran, Belgium, Syria, or any jurisdiction where such distribution or use would be contrary to local law or regulation.

All trademarks™ and brand names belong to their respective owners and are used here for identification purposes only. Use of these names does not imply endorsement.
© OnEquity. All Rights Reserved.