Forex 3.00
Posted June 24, 2026

EURUSD

Syam KP

Lead Analyst

Buy
BUY
Entry Price
1.1360

Signal Details

Direction
Buy
Entry Price
1.1360
Risk: Reward
1:1

Trade Levels

Stop Loss
1.1290
Take Profit 1
1.1400
Take Profit 2
1.1430

Technical Chart

Market Analysis

The euro continued to fall against the US dollar, reaching a fresh 12-month low of below 1.1360. The currency pair continues trading within a bearish consolidation structure, although short-term pullback reactions remain possible before the next downside move.


Key Indicators

  • Price action remains weak. However, the price is approaching a key area of interest, where ascending trendline support aligns with the 1.1360/40 zone, which could act as a demand area.

Fundamental Context

The euro remains under pressure against the US dollar, with stronger-than-expected US economic data, hawkish Fed talk, and uncertain geopolitics driving the forex pair lower.

Risk Alert

The euro is currently testing a key demand area. If the price holds above this zone and shows recovery signals, a rebound is possible.
Syam KP
Meet Syam KP, a financial markets professional with more than fourteen years of experience in forex, CFDs and capital markets. Since 2012, he has worked with several brokerage firms as a trader and market strategist, developing a practical understanding of how markets move. He also holds a qualification from CISI in the United Kingdom.


At FX Junction, Syam turns complex market information into clear and useful insights. His work combines technical and fundamental analysis, portfolio management, risk management and timely commentary on global developments. Whether markets are calm or moving fast, Syam focuses on what matters most: understanding the bigger picture, spotting meaningful opportunities and keeping risk firmly in view.