EURUSD H1: The Price Action Forecast for the American Session on 14.5.2026

EURUSD remained stable and did not change significantly in the last trading session. In the long term, the price movement direction remains downward.
The support and resistance levels:
The support level is near the 1.16952 mark.
This level was formed by the Hammer pattern, also known as the Pin Bar pattern. This pattern is represented with a single Japanese candlestick which is composed of a small real body and a long lower shadow.
The resistance level is near the 1.17875 mark.
This level was formed by the Bearish Harami pattern, which is presented with two Japanese candlesticks where the second candlestick with a smaller real body is inside the body of the first one.
Trading recommendations:
Despite the downward dynamics prevail on a higher time-frame, the long position should be prioritized intraday. The latest signal on the chart indicates the prevalence of the upward movement intraday.