Bulls are losing momentum this session, while the euro against the dollar pulls back below the 1.10 level.
4 hours Time Frame EUR/USD
The correction in the U.S indices is supporting the USD’s recovery, however, the pair is currently testing an important support zone.
If the price stays above the uptrend line, the bullish scenario could resume again. However, if a breakout of this zone appears, then a further pullback cannot be excluded.
EUR/USD, 4 hours time frame chart. Source: xStation 5
USD leads the gains this session.
Heatmap. Source: xStation 5
Henrique Tomé, XTB Portugal
🚀 US PPI inflation skyrockets to 6%
Market Wrap: Bulls return to Wall Street (13.05.2026)
BREAKING: Senate gives green light to Warsh. Markets cautious amid concerns
BREAKING: U.S. CPI shows persistent inflation pressure! Dollar Strengthens After Data Release!