EUR/USD remains stable as ECB decision meets expectations, US data shows mixed results
As of Thursday, the EUR/USD was trading close to 1.1800, showing minimal change for the day. Investors were processing the European Central Bank’s (ECB) latest decision and a range of mixed economic data from the United States. The ECB announced its decision to maintain key interest rates following its February meeting, aligning with what many […]
EUR/USD stays close to lows as focus turns to the ECB
The euro (EUR) experienced a decline against the US dollar (USD) for the second consecutive day on Thursday, trading around 1.1790—just slightly above its two-week low of 1.1777. The mixed economic data from the eurozone did little to bolster the currency, and attention has now shifted to upcoming decisions from the European Central Bank (ECB) […]
EUR/USD rebounds from lows as attention turns to Eurozone HICP data
Euro Makes Slight Gains Against the Dollar The euro (EUR) is edging up against the US dollar (USD), currently trading at 1.1825, which is fairly close to its weekly low of 1.1775. The disappointment stemming from the Eurozone’s HCOB Services Purchasing Managers’ Index (PMI) hasn’t heavily impacted the currency, as traders seem cautious, awaiting January’s […]
EUR/USD holds steady over 1.1800 before Eurozone CPI and US data
The EUR/USD pair has had a tough time taking advantage of a slight recovery from the prior day’s low of around 1.1780-1.1775, still holding within a tight range during Wednesday’s Asian trading. Currently, it’s hovering near the 1.1815 mark, showing little change today, as traders eagerly anticipate the upcoming Eurozone Consumer Inflation Report. Preliminary estimates […]
EUR/USD remains down after robust US data and the US-India agreement
The euro (EUR) has given back earlier gains against the US dollar (USD) on Tuesday, dipping below the 1.1800 mark to trade at around 1.1780. This change followed robust US manufacturing data and news of a trade agreement between the US and India, which bolstered the USD on Monday, easing fears surrounding a possible US […]
EUR/USD Price Outlook: Increases past 1.1800 towards nine-day EMA limit
EUR/USD showed signs of recovery after two days of decline, trading around 1.1810 during Asian hours on Tuesday. Looking at the daily chart, it appears the pair is slightly under the ascending channel pattern, hinting at a potential bearish reversal. Still, if it manages to return to that channel, the bullish outlook could be reinstated. […]
EUR/USD Forex Signal 02/02: Poised for a Recovery Before US Employment Data
Created on February 2, 2026 Bullish View Consider buying the EUR/USD pair, setting your take profit at 1.2000. Implement a stop loss at 1.1700. Timeframe: 1-2 days. Bearish View Think about selling the EUR/USD pair, aiming for a take profit at 1.1700. Set a stop loss at 1.2000. The EUR/USD rate took a noticeable dip […]
EUR/USD Outlook: Bears target additional declines beneath 1.1900, 38.2% Fibonacci level.
The EUR/USD pair seems set to fall below the 1.1900 level during the Asian session on Friday, potentially drawing in more sellers, especially after the mixed price movements observed the day before. Currently, the pair has bounced back about 25 pips from its low for the day, trading in the 1.1920 to 1.1925 range, which […]
EUR/USD drops under 1.2000 as Fed’s decision and Powell’s comments support the Dollar
The EUR/USD pair dropped over 0.60%, falling below the 1.2000 level on Wednesday, as the US Federal Reserve decided to keep interest rates unchanged. During this time, Fed Chair Jerome Powell chose not to address political questions and maintained a neutral stance regarding monetary policy. Currently, the exchange rate sits at 1.1955. Euro declines as […]
EUR/USD Price Outlook: Remains under 1.1900 despite positive sentiment
After a three-day rise, the EUR/USD pair dipped slightly, trading around 1.1870 during Asian hours on Tuesday. A look at the daily chart indicates that the pair is moving upward within an ascending channel, which hints at a continuing bullish trend. The 9-day exponential moving average (EMA) is positioned above the 50-day EMA, and both […]