EUR/USD – 1D – SELL

The EUR/USD daily chart has fired a dense cluster of bearish signals, led by a trendline break down and a Fibonacci break down trend at 24%, alongside a Bearish Harami candlestick pattern. These are reinforced by indicator-based confirmations: the BOP zero cross down, MIDPRICE retreat down, and TEMA retreat down all point to fading buying pressure, while the HT PHASOR and HT SINE cross downs suggest a shift in the underlying cycle. Together, these signals indicate that the daily uptrend has been broken, and momentum is now favoring sellers.

Across timeframes, the bearish alignment is broad: the 30-minute and 1-hour charts show solid downtrends, with the 2-hour through 12-hour charts all in trend-forming phases. The only conflicting timeframe is the daily, which remains bullish with a solid trend score, but the fired signals on the daily itself are the most recent and direct evidence of a reversal. Key levels to watch are the nearest resistance at 1.17109, which could act as a ceiling for any bounce, and the nearest support at 1.13529, which is the immediate downside target. A break below support would confirm the bearish continuation, while a reclaim of resistance would invalidate the setup.