ForexNewsPlus Updates

EUR/USD Range Bound Consolidation with a Bullish Bias

EUR/USD is currently trading within a narrow range around the mid-1.17s, oscillating between approximately $1.1720 and $1.1760, with consistent difficulties in maintaining any momentum close to $1.1800. Quotes from various sources indicate that the pair is trading between $1.1752 and $1.1755, with intraday lows slightly above $1.1720 and previous fluctuations below $1.1735 and $1.1732, reinforcing … Read more

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EUR/USD Hits Multi-Year High After 2025 Surge

EUR/USD enters January 2026 trading within the 1.17–1.18 range, concluding December at approximately 1.1738–1.1763 following multiple unsuccessful efforts to maintain a position above the 1.1800 psychological threshold. At the beginning of December, the pair was positioned around 1.1585, indicating that the market has gained approximately 180–200 pips within a single month and about 13% over … Read more

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EUR/USD Holds 1.17–1.18 Range as Dollar Momentum Fades

The EUR/USD pair is currently positioned within the 1.17–1.18 range, with spot and futures pricing concentrated around 1.1740–1.1760, following an unsuccessful attempt to maintain a breakout above the 1.1800–1.1805 level. The pair has established a new weekly low close to 1.1740, while the US Dollar Index remains around 98.2–98.3, limiting any significant upward movement for … Read more

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EUR/USD Stays at 1.1765 After Fed Minutes Activate 1.18 Breakout

EUR/USD is currently positioned between 1.1765 and 1.1770, showing signs of stabilization following a four-day decline as the Dollar takes a breather and liquidity diminishes as we approach year-end. The primary factor influencing this situation is the adjustment of policies. The Fed has implemented a complete 75 bps easing cycle in 2025, reducing rates by … Read more

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EUR/USD Bullish Bias Above 1.17 as Fed Cuts Weigh on USD

EUR/USD is currently positioned between 1.176 and 1.179, hovering just below the 1.1800 resistance level following a steady ascent. Meanwhile, the DXY remains in the vicinity of 97.9 to 98.1, facing resistance below approximately 98.70. The pair is navigating within a rising channel on the medium-term charts: the 50-EMA at approximately 1.1745 serves as the … Read more

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EUR/USD Uptrend Builds as Dollar Advantage Fades into 2026

EUR/USD is currently positioned between 1.1779 and 1.1800, hovering just below a short-term supply zone at 1.1800 following a consistent upward movement since late November. The price is currently navigating an upward channel on the 2-hour chart, with previous resistance levels at 1.1745–1.1750 now functioning as support and coinciding with the intraday trend line. The … Read more

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EUR/USD Stays at 1.18 as 2026 Fed Cut Bets Weaken Dollar

The EUR/USD pair is currently positioned between 1.1790 and 1.1800, having recently reached a three-month peak at 1.1808. The action occurs in light of a robust 4.3% annualized US GDP figure for Q3, an increase from approximately 3.8%, which typically would have bolstered the USD under standard conditions. The recent uptick in the dollar proved … Read more

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EUR/USD 1.17 Holds as 1.18 Breakout Forms

EUR/USD is currently positioned between 1.1720 and 1.1750, having halted a four-day decline and gaining momentum as liquidity increases in the Christmas week. The pair is not experiencing an upward movement based on optimism. The market is experiencing a rally driven by a combination of factors: a softer USD tone, adjustments in the rate path, … Read more

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EUR/USD Caught Between 1.17 Support and 1.18 Resistance

The EUR/USD pair has increased from approximately 1.16440 prior to the recent Fed decision, reaching a peak above 1.18030. However, each attempt to maintain levels in the 1.18 range is met with selling pressure. The pair tested the 1.17030 level on both Wednesday and Friday, indicating that while buyers are willing to support dips, they … Read more

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EUR/USD Holds Steady Under 1.18 as ECB-Fed Policy Split Boosts Euro

EUR/USD has retraced to the 1.1710–1.1740 range following its test of the 1.18 level, yet the fundamental macro backdrop remains favorable for the euro. The ECB has maintained its key rate at 2.00% for the fourth consecutive meeting, while also increasing its growth and inflation projections for 2026. Core Eurozone inflation remains at approximately 3.1%, … Read more