EUR/USD

Neutral

Archived analysis from Sep 4, 2026, 1:32 PM

Key insight

1.1600 acts as pivot: bulls need a weekly close above 1.1650 to open 1.1720; bears need a break of 1.1540 Fibonacci 38.2% retracement to shift momentum. Friday NFP or Fed speaker risk keeps range intact for now.

1.1600 holds as USD firms across the board — GBP/USD -0.2%, USD/JPY +0.2% — but EUR lacks a fresh catalyst to break above the 1.1650 weekly range high or collapse below 1.1540 fib support.

Main risk

US labour data / Fed speaker risk

Stronger-than-expected US jobs print could push USD/JPY toward 158, dragging EUR/USD below 1.1540 Fib support and triggering stops.

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 →