EUR/USD Forecast

The euro dropped toward 1.1725 on Wednesday as the Fed’s cautious tone supported the US dollar, leaving EUR/USD range-bound under 1.19 resistance.

the EUR/USD pair is trying to hold steady at and above the 1.1800 resistance level, even with recent confirmations about the future path of US interest rate cuts.

The euro rallied a bit during the trading session on Monday, testing the crucial 1.18 level. The 1.18 level is an area that I think a lot of people are paying close attention to, due to the fact that it had previously been major resistance, and now the standing that eventually we end up finding potential support in this area. With that being said, it’s interesting to see that we broke below that level and then turned around to go looking at the 1.18 level.

The Euro has fallen a bit during the early hours on Friday, but we are starting to see a little bit of buying as the Americans come on board. After all, nobody likes selling the US dollar more than Wall Street, so that's not a huge surprise. At this point, we are below the 1.18 level, which is a major area of previous resistance that did not hold its support so far.

The euro failed to extend gains on Thursday, holding near 1.18 as traders weigh the Fed’s rate cut and await confirmation of a breakout toward 1.20 or a return to consolidation.

The EUR/USD pair corrected lower after hitting a 4-year high as traders digested the Fed’s 25bp rate cut, but the bullish outlook toward 1.2000 remains intact.

EUR/USD eases before the FOMC, with Powell’s tone set to decide whether the pair pushes toward 1.20 or faces renewed U.S. dollar strength.

The euro climbed to a 4-year high at 1.1878 against the dollar, with markets eyeing 1.20 if the Fed confirms a dovish outlook.

EUR/USD is pressing the 1.18 barrier, with markets cautious ahead of the Fed but bulls eyeing a possible breakout toward 1.20.

The EUR/USD pair is testing key resistance near 1.1785, with bullish momentum suggesting a possible run toward the psychological 1.20 level if the Fed confirms further rate cuts.

The euro tests the 1.18 ceiling within its 1.16–1.18 range, with Fed policy set to determine whether EUR/USD breaks higher or stays range-bound.

EUR/USD remains rangebound between 1.16–1.18, with cautious sentiment ahead of the Fed’s rate cut decision and euro risks heightened by France’s downgrade.

The euro eases against the US dollar, trading in a tight 1.16–1.18 range as markets await clarity from the Federal Reserve and ECB.

EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.

EUR/USD remains neutral near 1.1690 as traders await the ECB decision and US CPI release, with 1.1580 support and 1.1800 resistance defining key levels.