Price may reach $1.20 level
EURUSD Price Analysis – 26 January
The price may rise to the $1.19 and $1.20 levels if buyers are able to overcome the $1.18 resistance. If sellers are successful in keeping the price below the $1.17 level, there can be a decline below the $1.16 and $1.15 support levels.
EUR/USD Market
Key Levels:
Resistance levels: $1.18, $1.19, $1.20
Support levels: $1.17, $0.1.16, $1.15
EURUSD Long-term Trend: Bullish
On the daily chart, a large bullish engulfing candle shows that the price incline started at $1.15. The price started to rise, and the bulls are carrying on the upward trend.
Reaction around 1.8000 Zone for a Buy Continuation Enivisaged
EURUSD
Good Morning Billionaires, I don’t expect to see a very deep retracement on EURUSD. I’m looking forward to see a reaction around 1.8000 zone for a buy continuation towards 1.9400.
Do well to share your ideas in the comments let’s study together. pic.twitter.com/nIyC4lA8KC— B Trader (@B_trader__) January 25, 2026
The price began to incline as the positive trend intensified. After breaking through the $1.16 barrier, the price is currently inclining at the $1.17 resistance level as the bullish trend continues. Clearly, the previous level represented the lowest point of a bearish trend. A lesser barrier to additional price increase is provided by buyers. More dealers entered the market when the price got closer to $1.17. The bulls are currently defending the $1.16 level in an attempt to sustain the inclining trend.
The market is inclining in line with the currency signal, according to the Hull Suite. The price may rise to the $1.19 and $1.20 levels if buyers are able to overcome the $1.18 resistance. If sellers are successful in keeping the price below the $1.17 level, there can be a decline below the $1.16 and $1.15 support levels.
EURUSD medium-term Trend: Bullish
For the past two days, the EURUSD has been under bullish pressure; at $1.15, a bullish engulfing pattern appears; as the price approaches $1.15, it starts to incline; the positive reversal began when the downward pressure subsided and a double bottom pattern appeared; strong bullish candles appear.
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