Simple Moving Average Technical Analysis on trading in the EurUsd market pair on Friday, June 12, 2026 Hello traders, The advantage of sellers who previously dominated trading in the EurUsd market pair on Thursday failed to be maintained due to strong resistance from buyers. Buyers intervened with greater strength, overpowering the sellers and preventing the bearish trend above the buyer support area at 1.1509-1.1510. This solid defense by buyers shifted the bearish momentum to a very strong bullish trend, pushing the price of the EurUsd pair upwards.
Observing the Daily timeframe using Moving Average technicals, the EurUsd market pair is back under the control of buyers, dominating the trading with a stronger presence. This has led to a bullish movement approaching the Red MA 50 area at 1.1671, supported by the formation of very strong bullish candlesticks indicating the potential for further bullish strength. Buyers are aiming to maintain their dominance by pushing the price towards breaking above the Red MA 50 area, opening up the possibility of reaching the Yellow MA 200 area at 1.1676. A strong breakthrough of the Yellow MA 200 by buyers could signal a shift from a bearish to a bullish trend in the next trading sessions. Trading on Friday morning is still dominated by buyers attempting to push the EurUsd pair price higher towards the nearest seller resistance area at 1.1608-1.1609. If this resistance area is breached by bullish buyers, the price will continue to rise even higher towards the next seller resistance area at 1.1642-1.1643. However, if sellers manage to hold the nearest resistance area against bearish pressure, the price could be controlled by sellers aiming to move lower towards the nearest buyer support area at 1.1523-1.1522. A breakthrough of this support area would weaken the EurUsd pair further, targeting the next buyer support area at 1.1469-1.1468.
