Simple Moving Average Technical Analysis in trading the EurUsd market pair on Saturday, June 27, 2026 Hello traders, Buyer determination continues to occur in trading the EurUsd market pair on Friday, with buyers successfully intervening in the market with greater strength and power, allowing them to control the price movement of the EurUsd pair by continuously pushing the price higher in a bullish manner. This was achieved after blocking bearish seller attempts above the buyer support area at the price of 1.1358-1.1359, enabling the price to be driven even higher with a significant distance due to the strong bullish pressure exerted by buyers.
Observing the Daily time frame using Moving Average technical analysis, it is evident that the EurUsd market pair remains under the control of buyers, who have successfully maintained their bullish momentum by pushing the price even higher towards the Red MA 50 area at the price of 1.1619. This is supported by the formation of strong bullish candlesticks indicating that the bullish opportunity remains wide open for the upcoming trading week. Buyers will continue to strive to maintain their dominance by aiming for further price increases to test the nearest seller resistance area at the price of 1.1470-1.1480. If this area is breached again, the EurUsd pair will continue to rise towards the seller supply resistance area at the price of 1.1610-1.1650. If this area is broken, the price will move towards the Red MA 50 area. Trading in the upcoming week on Monday may still be potentially dominated by buyers attempting to push the price higher in a bullish manner, targeting to reach and test the nearest seller resistance area at the price of 1.1425-1.1426. If the nearest seller resistance area is strongly breached by bullish pressure, the EurUsd pair will further rise bullish towards the next seller resistance area at the price of 1.1469-1.1470. However, if sellers manage to defend the resistance area from bullish pressure, the EurUsd pair may weaken further in a bearish manner, targeting the nearest buyer support area at the price of 1.1347-1.1346. If this nearest buyer support area is breached, the EurUsd pair will plummet deeper in a bearish manner towards the next buyer support area at the price of 1.1310-1.1309.
