Forex 2.00
Posted September 24, 2026

EURUSD

Syam KP

Lead Analyst

Buy
BUY
Entry Price
1.1375

Signal Details

Direction
Buy
Entry Price
1.1375
Risk: Reward
1:1.2

Trade Levels

Stop Loss
1.1325
Take Profit 1
1.1410
Take Profit 2
1.1435

Technical Chart

Market Analysis

EURUSD extended the decline, reaching a fresh multi-week low of 1.1370. The currency pair continues trading in a bearish trend, though short-term pullbacks remain possible before the next downside move.


Key Indicators

  • Price action remains weak. However, price is approaching a key area of interest, where ascending support aligns with the 1.1350/30 zone, which could act as a demand area.

Fundamental Context

EURUSD is rebounding after buyers found short-term support below the 1.1370 area. Technically, the pair is now correcting losses. However, despite the rebound, any gains are merely rallies that could bring up better areas to short.

Risk Alert

Technically, the 1-hour chart indicates that the price remains in the midst of a recovery from the recent drop. The move appears primarily technical.
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.