Forex 2.00
Posted August 12, 2026

EURUSD

Syam KP

Sell
SELL
Entry Price
1.1550

Signal Details

Direction
Sell
Entry Price
1.1550
Risk: Reward
1:1.25

Trade Levels

Stop Loss
1.1590
Take Profit 1
1.1520
Take Profit 2
1.1500

Technical Chart

Market Analysis

The euro is trying to extend higher against the US dollar but is finding life difficult despite the greenback showing signs of near-term weakness. Technically, the short-term trend remains supportive, but if the US dollar regains upside strength this week, we could see a minor pullback in the euro.

Key Indicators

  • After the strong rebound, the 4-hour chart reveals weak upward momentum, showing signs of exhaustion on lower timeframes. Therefore, a healthy pullback could happen before the next push higher.

Fundamental Context

The currency pair has been consolidating sideways over the past few trading hours following its recent rebound as investors await the US inflation report.

Risk Alert

Both bulls and bears face whipsaw risk, as critical technical levels converge and momentum indicators flatline.

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.