This Monday is being marked by corrections in most assets that experienced significant appreciation last week.
Regarding EUR/USD, the euro is beginning to benefit from the improved market sentiment after equities witnessed a strong recovery last week.
Daily Time Frame Chart
When analyzing the pair on the D1 chart, we can see that on Friday the price began to show signs of slowing down and is currently retreating. Nevertheless, the main trend still appears to be bullish.
Source: xStation 5
USD INDEX Daily Time Frame
In the US Dollar Index, we can observe that the bearish scenario for the USD is also confirmed according to the analysis we have. The price has tested the Fibonacci retracement levels at 78.6% multiple times, but as buyers failed to break above this zone, sellers eventually regained control of the price.
Source: xStation 5
Henrique Tomé,
Analyst Portugal
BREAKING: U.S. PCE Data In Line with Expectations. EURUSD shows no reaction!
Morning wrap: Iran says US violated ceasefire (09.04.2026)
Daily Summary - Crude oil below $100 amid ceasefire
BREAKING: Outdated "hawkish" minutes fail to move the dollar
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
