EUR/USD

Bullish

Archived analysis from Aug 7, 2026, 5:30 AM

Key insight

1.1555–1.1590 resistance band is the gate — break opens 1.1650; July NFP (today) is the binary trigger.

Holds 1.1500 after Eurozone Q2 GDP double beat and ECB hike odds rising; USD weakened by divided Fed.

Main risk

July US NFP print (Aug 7)

Beats June's 57K miss sharply — dollar snaps back, 1.1500 support tested immediately.

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