EUR/USD

Bullish

Archived analysis from Aug 17, 2026, 3:38 AM

Key insight

1.16 reclaimed and held — next structural resistance is the 2022 swing high near 1.1495 already cleared; eyes on 1.1750 and 1.2000 round number as bulls stay in control while DXY remains pressured.

Holds 1.1580 with Gold at $4,390 and JPY firming — dollar broad weakness intact. 1.16 handle reclaimed; trend remains up from 2025 lows near 1.03.

Main risk

Fed hawkish pivot / US data beat

Stronger-than-expected US jobs or CPI prints could revive dollar bids, forcing a retest of 1.1480 support fast.

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