EUR/USD Rebounds Amid Hawkish Fed ProjectionsEUR/USDOANDA:EURUSDNouzTraderEUR/USD EURUSD managed to attract fresh buying interest throughout Thursday's Asian session, climbing to a daily high around 1.1525. ----------------------------------------------------------------------------------------------------- ✅ Fundamental Dynamics: Middle East Peace Formalization vs. Fed's Fierce Document EUR/USD is currently caught in a battleground between two opposing macro sentiments: - ⚡The Euro's Savior (Official MoU Signature & ECB's Stance): Global risk appetite recovered dramatically after US President Donald Trump and Iranian President Masoud Pezeshkian officially signed an electronic peace Memorandum of Understanding (MoU). Furthermore, hawkish signals from the European Central Bank (ECB), which recently raised interest rates and revised up its 2026 inflation projection to 3.0%, acted as an internal support for the euro. - ⚡The Anchor of USD Strength (Kevin Warsh's Hawkish Revolution): Conversely, the euro's upward recovery is firmly locked in place by the outcome of the inaugural FOMC meeting of new Fed Chairman Kevin Warsh. Last night, the Fed officially removed all easing bias language and surprisingly revised up its year-end interest rate projection (fed funds rate) from 3.4% to 3.8%. ----------------------------------------------------------------------------------------------------- ✅ Technical Analysis 4-Hour Chart (H4): Stacked Obstacles Maintain Bearish Bias From a technical perspective on the 4-hour chart (H4), although EUR/USD managed to stage a daily technical rebound (relief rally), the broad price movement structure remains completely dominated by sellers (bears): - ⚡RSI H4 (In the 38 Range): Although the price climbed to 1.1525, the Relative Strength Index (RSI) remains stuck well below the 50 midline. This indicates that buying power is currently very weak and the increase is purely due to temporary retail short-covering. - ⚡Resistance Matrix: Any further upward movement will immediately face a very thick supply influx wall in the range of 1.1575 - 1.1580 (former horizontal support that was broken).