EUR/USD Price Analysis: Extra consolidation appears in store near term

EUR/USD adds to Monday’s pullback, always below 1.0700.
Further weakness could retest the monthly low near 1.0610.

Pablo Piovano FXStreet

EUR/USD keeps the side-lined theme well in place in the lower end of the range in the sub-1.0700 region so far on Tuesday.

If bears push harder, then the pair could confront the next support of note at the February low at 1.0612 (February 17). The breakdown of this level could prompt a potential test of the 2023 low at 1.0481 (January 6) to start shaping up in the short-term horizon.

So far, the bearish sentiment is expected to persist as long as the 3-month resistance line, today just beyond 1.0900 the figure, caps the upside.

In the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0328.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0658
Today Daily Change	46
Today Daily Change %	-0.25
Today daily open	1.0685

Trends
Daily SMA20	1.0788
Daily SMA50	1.0728
Daily SMA100	1.0421
Daily SMA200	1.033

Levels
Previous Daily High	1.0705
Previous Daily Low	1.067
Previous Weekly High	1.0805
Previous Weekly Low	1.0613
Previous Monthly High	1.093
Previous Monthly Low	1.0483
Daily Fibonacci 38.2%	1.0683
Daily Fibonacci 61.8%	1.0692
Daily Pivot Point S1	1.0668
Daily Pivot Point S2	1.0652
Daily Pivot Point S3	1.0634
Daily Pivot Point R1	1.0703
Daily Pivot Point R2	1.0721
Daily Pivot Point R3	1.0737

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

GBP/USD stays weak below 1.3600 as USD bulls await Warsh's speech

GBP/USD is consolidating near the lower end of its weekly range, below the 1.3600 mark, during European trading hours on Thursday. The pair's downside, however, remains cushioned as traders await Fed Chair Warsh's speech on Friday for more cues about the US central bank's interest rate path before placing fresh directional bets.

EUR/USD holds range around 1.1650 as USD steadies

EUR/USD keeps its range around 1.1650 in the European session on Thursday. Hawkish ECB expectations support the pair as the US Dollar consolidates after the US PCE data-driven advance. The focus remains on Middle East developments and US Jobless Claims data.

Gold struggles to build on gains as traders await Fed Chair Warsh's speech for rate cues

Gold struggles to capitalize on modest Asian session gains on Thursday and remains below its highest level since May 14, touched earlier this week. Traders now seem hesitant to place aggressive directional bets and wait for US Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole Symposium on Friday for cues on the future policy path. The outlook, in turn, will play a key role in influencing the US Dollar price dynamics and provide some meaningful impetus to the non-yielding bullion.

Ripple eases to $1.40, Solana hits $100, DOGE capped below $0.10

Ripple (XRP) and Dogecoin (DOGE) are facing downside pressure after double-digit gains last week, while Solana (SOL) extends its rally to $100. The technical outlook for XRP, SOL, and DOGE points to potential upside as the broader market sustains a risk-on sentiment.

Jackson Hole kicks off after upside PCE surprise

In China, industrial profits rose 17.6% y/y to CNY 4.58tn in the first seven months of 2026, slowing from an 18.7% increase in January-June. The moderation follows several months of strong profit growth around 20% y/y, supported by higher producer prices and solid manufacturing activity.

Kevin Warsh’s Jackson Hole dilemma: Say too much, too little, or just enough

Kevin Warsh is preparing to deliver his first Jackson Hole speech as Federal Reserve (Fed) Chair on Friday, and expectations extend well beyond whether interest rates will be raised or left unchanged in September.