EUR/USD

Bearish

Archived analysis from Sep 25, 2026, 8:29 PM

Key insight

Trades below 20-day EMA (1.1501) for a third week running; Friday's bounce to 1.1400 looks corrective — any rally into 1.1420–1.1500 is a potential re-entry short while USD supported by hawkish Fed and rising oil.

Fell to 1.1359 on Jul 28 — lowest since Jul 28 — third straight weekly loss as hawkish Fed remarks and strong US PMI push dollar to 2-month highs; 20-day EMA at 1.1501 now firm resistance.

Main risk

US-Iran Geopolitical Escalation

Rising oil above $92 fuels inflation fears; second Treasury buyback in two weeks failed to stem bond selloff, keeping USD bid and EUR/USD capped.

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 →