EUR/USD

Neutral

Archived analysis from Sep 2, 2026, 2:05 PM

Key insight

1.16 round number capping upside; break above confirmed only on daily close over 1.1650 (2026 range highs). Failure to hold 1.1530 (50-day MA) reopens 1.1450 retracement support.

Holds 1.1579 after -0.11% drift — pair is rangebound below the 1.16 round number with USD/JPY at 159.6 signalling residual dollar demand across G10.

Main risk

Fed higher-for-longer vs. ECB cut cycle

Diverging rate paths compress EUR/USD carry appeal — sustained USD bid keeps pair below 1.16 resistance zone.

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 →