EUR/USD Analysis Archive

Sunday evening. EUR/USD opened at 1.0765, essentially flat from Friday's close. Asian session is quiet with no major economic data. The pair is likely to consolidate until European traders arrive. No reason to trade Sunday night.

Weekend analysis. EUR/USD dropped 110 pips on the week, from 1.0870 to 1.0760. The FOMC hawkish surprise was the primary catalyst. The weekly chart shows a bearish engulfing candle below the 200-day MA. Key question: does 1.0760 hold or do we test 1.0700?

EUR/USD stabilized overnight around 1.0770 after yesterday's FOMC selloff. European session saw a modest bid from Eurozone PMI beat (composite 50.8 vs 50.2 expected). The pair bounced to 1.0795 but sellers capped the move. End-of-week position squaring may create choppy conditions.

EUR/USD dropped 85 pips to 1.0760 after the hawkish FOMC dot plot. The dollar surged as markets priced out a second rate cut for 2026. The move was swift and largely one-directional. EUR/USD found temporary support at 1.0760, which aligns with the February swing low.

EUR/USD is drifting lower to 1.0845 as traders reduce euro exposure ahead of tomorrow's FOMC. Dollar buying is modest but persistent. The pair is testing the bottom of the consolidation range. The move is more about de-risking than a fundamental shift.

EUR/USD is trading at 1.0865, consolidating near the top of last week's range. The euro is supported by improving Eurozone PMI data and ECB hawkish rhetoric. However, the dollar is also bid ahead of FOMC on Wednesday. This tug-of-war creates a tight range around the 1.0850-1.0890 zone.