EUR/USD Price Analysis: Extra gains need to clear 1.0620

EUR/USD revisits the area above 1.0600 once again on Tuesday.
The continuation of the rebound should target the 1.0620 area.

Pablo Piovano FXStreet

EUR/USD regains composure following Monday’s pessimism and breaks above the 1.0600 hurdle.

In case bulls regain the initiative, the pair should initially retarget the minor barrier at 1.0617 (September 29) ahead of the weekly peak of 1.0767 (September 12). On the flip side, if bears regain the upper hand, the pair could slip back to the area of yearly lows around 1.0450 (October 3).

Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA, today at 1.0823.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0595
Today Daily Change	57
Today Daily Change %	0.26
Today daily open	1.0567

Trends
Daily SMA20	1.0604
Daily SMA50	1.0762
Daily SMA100	1.084
Daily SMA200	1.0825

Levels
Previous Daily High	1.0587
Previous Daily Low	1.052
Previous Weekly High	1.06
Previous Weekly Low	1.0448
Previous Monthly High	1.0882
Previous Monthly Low	1.0488
Daily Fibonacci 38.2%	1.0545
Daily Fibonacci 61.8%	1.0561
Daily Pivot Point S1	1.0529
Daily Pivot Point S2	1.0491
Daily Pivot Point S3	1.0462
Daily Pivot Point R1	1.0596
Daily Pivot Point R2	1.0625
Daily Pivot Point R3	1.0663

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.

EUR/USD slumps below 1.1800 on hawkish Fed Minutes, eyes on ECB succession

The EUR/USD pair tumbles to a near two-week low around 1.1785 during the early Asian session on Thursday. The US Dollar strengthens against the Euro on hawkish FOMC minutes that revived speculation about potential interest rate hikes if inflation remains elevated.

GBP/USD extends decline as weak jobs data bolsters BoE rate cut bets

The Pound Sterling continued to backslide under sustained pressure on Wednesday, following through after the UK employment report on Tuesday showed a labour market deteriorating faster than expected.

Gold consolidates the rebound below $5,000, US data eyed

Gold price consolidates the previous rebound below $5,000 in the Asian session on Thursday. The precious metal recovered on Wednesday amid shifts in geopolitical sentiment, boosting safe-haven demand. Traders will keep an eye on the release of US Initial Jobless Claims, Pending Home Sales data, and the Fedspeak later on Thursday.

Bitcoin approaches a critical zone: Bear pennant projects $56,000

Based on the most recent analyses from February 2026, the short answer is that it is highly unlikely that Bitcoin will reach $100,000 this month.

Mixed UK inflation data no gamechanger for the Bank of England

Food inflation plunged in January, but service sector price pressure is proving stickier. We continue to expect Bank of England rate cuts in March and June. The latest UK inflation read is a mixed bag for the Bank of England, but we doubt it drastically changes the odds of a March rate cut.

Sui extends sideways action ahead of Grayscale’s GSUI ETF launch

Sui is extending its downtrend for the second consecutive day, trading at 0.95 at the time of writing on Wednesday. The Layer-1 token is down over 16% in February and approximately 34% from the start of the year, aligning with the overall bearish sentiment across the crypto market.