EUR/USD

Neutral

Archived analysis from Aug 18, 2026, 2:07 PM

Key insight

1.16 round number caps the rally; break and close above it opens 1.1750 (2024 swing high). Rejection here risks a pullback to 1.1480 (50-day MA). Direction hinges on next Fed/ECB guidance.

Holds 1.1578 on near-zero 24h change — pair is coiling below the 1.16 round number with USD/JPY at 159.6 signalling residual dollar bid, keeping upside capped.

Main risk

Fed hawkishness resurgence

Surprise Fed rate-hold signal or hot US data print could drive DXY back above 103, pushing EURUSD below 1.1480 support.

With Pro

Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.

Get the app→

Go to the current EUR/USD analysis →