EUR/USD Stalls Below 1.14025
This update follows a fresh trigger in EUR/USD and maps the levels that matter next.
EUR/USD News And Catalyst Brief
The external news flow is useful here because it clusters around inflation. EUR/USD has a mildly constructive news bias because the feed is leaning toward softer dollar expectations or firmer European currency demand, with inflation data, central-bank expectations, and commodity pressure driving the repricing. That makes the technical map more important, not less important, because price still has to confirm the macro story.
- Dollar slips after soft US inflation data – Reuters (Reuters)
- Euro gains as softer US inflation weighs on US Dollar – FXStreet (FXStreet)
- Euro Climbs Above .14 as Soft US Inflation Weakens Dollar – Forex Factory (Forex Factory)
- U.S. Dollar Retreats As Inflation Rate Drops To 3.5%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY – FXEmpire (FXEmpire)
- EUR/USD: Euro Steady and Boring Near .14. Can US Inflation Data Stir the FX Board? – TradingView (TradingView)
- EUR/USD forecast: Rising energy prices strengthen US dollar as downside risks for euro grows – FOREX.com (FOREX.com)
- Eurozone inflation slows more than expected; Euro weakens – equiti.com (equiti.com)
- Dollar struggles as softer inflation dims Fed hike bets By Reuters – Investing.com Canada (Investing.com Canada)
- Euro jumps as softer-than-expected US CPI cools Fed rate-hike bets – TMGM trading (TMGM trading)
- Euro gathers strength above 1.1400 after soft US inflation data – FXStreet (FXStreet)
EUR/USD Hourly, Daily And Weekly Candle Charts
EUR/USD is trading near 1.13905, with support near 1.13798 and resistance near 1.14025 setting the immediate decision area across the chart stack.
H1 price action is the intraday decision layer: price is working near 1.13905 while support near 1.13798 and resistance near 1.14025 define the next break-or-reject zone.
D1 price action keeps the session read level-dependent: a hold above support keeps buyers active, while rejection below resistance leaves the pair inside the current range.
W1 price action keeps the wider context in view: the broader move needs acceptance beyond the range edge before the next directional leg looks cleaner.
Dollar context
Dollar-index candles show the DXY proxy firming near 100.984 over the sampled H1 window. That matters because a firming dollar can add pressure to EUR/USD, GBP/USD, gold, and silver, while a softer dollar can relieve it. Use that cross-market context as confirmation, not as a standalone signal.
Upcoming and released data
| UTC | Currency | Event | Impact | Actual | Consensus | Previous |
|---|---|---|---|---|---|---|
| 14 Jul 10:00 UTC | USD | NFIB Index of Small Business Optimism Small Business Idx | MEDIUM | 95.7 | 95.3 | |
| 14 Jul 12:30 UTC | USD | CPI CPI, M/M% | HIGH | -0.2% | 0.5% | |
| 14 Jul 12:30 UTC | USD | CPI Food Idx, M/M% | HIGH | 0.2% | ||
| 14 Jul 12:30 UTC | USD | CPI Energy Idx, M/M% | HIGH | 3.9% | ||
| 14 Jul 12:30 UTC | USD | CPI CPI, Y/Y% | HIGH | 3.8% | 4.2% | |
| 14 Jul 12:30 UTC | USD | CPI Core CPI, M/M% | HIGH | 0.2% | 0.2% | |
| 14 Jul 12:30 UTC | USD | CPI Real Avg Wkly Pay-Infla Adj, M/M% | MEDIUM | -0.2% |
Initial summary
EUR/USD is near 1.13905 with a bearish directional tone. H1 is bearish, H4 is bearish, and D1 is bearish. The useful decision area is 1.13798 support versus 1.14025 resistance; wait for a close and retest before treating the move as tradable. The next macro risk is USD NFIB Index of Small Business Optimism Small Business Idx at 14 Jul 10:00 UTC, awaited with consensus 95.7, so confirmation around the level matters more than the first spike.
Chart analysis
EUR/USD trades near 1.13905 with lower highs and lower lows H1 structure, lower highs and lower lows H4 structure and a bearish daily trend. The first useful support band is 1.13798/1.13617/1.13333, while the topside decision band is 1.14025/1.14115/1.14206. H1 RSI is 32.2 and stochastic is 48.9/39.9, leaving momentum balanced and still dependent on the next confirmed level break.
H1 EMA20/EMA50 are 1.13948/1.14062, with MA50/100/200 at 1.14110/1.14174/1.14220. D1 EMA20/EMA50/MA200 are 1.14282/1.15008/1.16529. No fresh 20/50 EMA crossover is active. A/D points to distribution on H1 and distribution on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume.
H1 RSI is 32.2 and stochastic is 48.9/39.9. H1 ATR14 is 0.00080, so stops that sit inside normal hourly noise are vulnerable. H4 trend is bearish and D1 trend is bearish, which matters because intraday breaks that fight the daily frame need cleaner confirmation.
H1 EMA20/EMA50 are 1.13948/1.14062, with MA50/100/200 at 1.14110/1.14174/1.14220. D1 EMA20/EMA50/MA200 are 1.14282/1.15008/1.16529. No fresh 20/50 EMA crossover is active. A/D points to distribution on H1 and distribution on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume.
H1 structure is lower highs and lower lows, H4 is lower highs and lower lows, and D1 is lower highs and lower lows. Immediate support sits at 1.13798/1.13617/1.13333 and resistance at 1.14025/1.14115/1.14206. Daily PP is 1.14014, so price is currently below the daily bias line. This makes the next H1 close important: a close through the nearest level is more useful than a wick because the broader stack is H1 bearish, H4 bearish, D1 bearish.
Risk framework
Risk remains level-led. The invalidation level matters more than the headline bias; reduce size around data releases and avoid treating the first reaction as confirmation without a retest.
Charts, candles, pivots, indicators, calendar data, and headline links are used for market commentary and education only. This is market commentary for research and education, not investment advice or a promise of returns.
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