EURUSD Slips Into Short-Term Weakness Near 1.1730 as Bears Regain Control; Stability Above 1.1700 Needed for Recovery - 02.01.2026

 Aetram Global Research - EURUSD (Euro vs US Dollar) Outlook

Aetram Global Research - EURUSD (Euro vs US Dollar) Outlook
 Aetram Global Research - EURUSD (Euro vs US Dollar) Outlook

EURUSD Slips Into Short-Term Weakness Near 1.1730 as Bears Regain Control; Stability Above 1.1700 Needed for Recovery - 02.01.2026

Chart Name: EURUSD (Euro vs US Dollar)
Current Market Price: 1.17275
Current Trend: EURUSD trend has turned mildly bearish after failure near moving average resistance.
Trend Dominance: Bears dominate near-term momentum as price stays below key short-term averages.

Chart Outlook & Prediction
* EURUSD is under mild pressure after rejecting from the upper consolidation band. Sustained trading below 1.1700 can drag the pair toward 1.1675–1.1650. A recovery above 1.1765 may neutralize bearish bias and trigger a rebound toward 1.1790–1.1810, but momentum currently favors sellers.

Upcoming Events (Catalysts)
* US macro data
* Fed policy expectations
* ECB commentary

Major Support and Resistance
* Support: 1.1700 / 1.1675 / 1.1650
* Resistance: 1.1765 / 1.1790 / 1.1815

Trend, Volume, DowTheory Analysis
* Price is trading below the key average while flattening near the major average, signaling loss of bullish momentum. Volume remains average, supporting a controlled decline rather than panic selling. Dow Theory reflects a lower high and lower low on the major timeframe, confirming short-term bearish structure.

Breakout Strategy (Bullish)
* Entry: Above 1.1765 / Stoploss: 1.1715
* Target 1: 1.1790 / Target 2: 1.1815 / Target 3: 1.1840

Breakdown Strategy (Bearish)
* Entry: Below 1.1695 / Stoploss: 1.1745
* Target 1: 1.1675 / Target 2: 1.1650 / Target 3: 1.1615

Final Takeaway
* EURUSD has shifted into a short-term corrective phase after failing to sustain above its resistance band. Bears currently control momentum below 1.1765. Traders should remain cautious, trading only confirmed breakouts or breakdowns, as the pair remains vulnerable to US dollar-driven volatility.

Caution Note
* All positivity negates on breaking below 1.1700.
* All negativity negates on sustaining above 1.1765.

Disclaimer: This analysis is for educational purposes only and not financial advice. Please consult your financial advisor before making trading decisions.

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