EUR/USD

Bullish

Archived analysis from Sep 10, 2026, 3:38 AM

Key insight

1.1637 consolidates above 1.1600 round support; break above 1.1720 April 2023 high opens 1.1900. USD/JPY softness at 153.4 confirms broad dollar retreat — EUR benefits directly.

Holds 1.1600 with EUR/USD at 1.1637 — multi-year dollar weakness and ECB/Fed policy divergence favour further euro gains toward 1.1750 2023 swing high.

Main risk

US CPI surprise / Fed hawkish pivot

Hotter US inflation print forces Fed to signal tighter policy — dollar bids return, pressuring EUR/USD back below 1.1550 200-day MA.

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