EUR/USD

Bullish

Archived analysis from Aug 21, 2026, 1:29 PM

Key insight

1.17 resistance cluster tested — break and weekly close above it opens 1.1850 (2022 high). Gold at $4,584 and BTC +6% confirm broad USD flight; EUR/USD stays supported unless US data shocks higher.

Holds 1.1688, up ~9% YTD — USD structural weakness driven by fiscal concerns and Fed rate-cut expectations keeps EUR/USD bid above the 2023 high breakout zone at 1.1275.

Main risk

US data surprise / Fed hawkish pivot

Hot US PMI or jobs data could push USD/JPY back above 160 and drag EUR/USD back below 1.1500 Fibonacci 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 →