Forexsource

Latest Posts
Day Ahead
Interest Rates
Economic Indicators
Seasonality

Market Update : EUR – August 18, 2026, 1:03 am

EUR – English

  • EUR/USD remains bullish as USD weakness persists amid softer US economic data. Lower-than-expected retail sales, inflation, and employment figures have reduced expectations for a hawkish Fed, driving traders to unwind USD positions. This has supported EUR strength, with price action holding above key moving averages.

  • Momentum indicators, including a strong ADX and positive MACD, suggest continued upside potential. However, consolidation near 1.1600 signals caution, with a pullback likely before further gains. A sustained break above 1.1620 could target 1.1685.

  • Near-term risks include hawkish FOMC minutes or stronger US data, which could revive USD demand and weaken the bullish EUR setup.

EUR – Urdu

  • EUR/USD bullish hai kyun ke USD kamzor ho raha hai, aur US economic data expected se soft aya hai.

  • Retail sales, inflation aur employment ke numbers expected se kam rahe hain. Is wajah se market ko lag raha hai ke Federal Reserve zyada hawkish policy nahi rakhega.

  • Traders USD ki buying positions close kar rahe hain, jis se dollar par pressure hai aur Euro strong ho raha hai.

Sentiment : Bullish

To add to the discussion, join the mastermind. Login

Market Update : EUR – August 16, 2026, 9:43 pm

EUR – English

  • Softer U.S. July retail sales (-0.6%) and easing inflation data have reduced expectations for a September Fed rate hike, weakening the dollar. EUR/USD is trading near 1.1568 (+0.32%), with analysts noting short-term fair value around 1.1600–1.1650, supporting a moderately bullish outlook for the euro.

  • Technical resistance at 1.1600 and the 100-day SMA remain key hurdles. A sustained break above these levels could open upside targets at 1.1685, while failure to breach may lead to consolidation or a pullback toward 1.1470–1.1480.

  • Geopolitical risks, including war-related tensions, pose downside risks. Escalation could trigger safe-haven dollar demand, reversing euro gains despite supportive fundamentals.

EUR – Urdu

  • U.S. July retail sales mein 0.6% ki kami aur inflation data mein narmi ki wajah se September mein Fed rate hike ke chances kam ho gaye hain. Is se dollar weak hua hai. EUR/USD qareeban 1.1568 par trade kar raha hai, jo 0.32% up hai. Analysts ke mutabiq short-term fair value 1.1600 se 1.1650 ke darmiyan ho sakti hai, is liye euro ka outlook filhal moderately bullish hai.

  • Technical side par 1.1600 aur 100-day SMA bohat important resistance levels hain. Agar price in levels ke upar mazbooti se break kare, to agla upside target 1.1685 ho sakta hai. Lekin agar 1.1600 break na ho, to market consolidation mein reh sakti hai ya phir 1.1470–1.1480 tak pullback aa sakta hai.

  • Geopolitical risks, khas taur par war se related tensions, euro ke liye downside risk hain. Agar situation escalate hoti hai, to investors safe-haven ke taur par dollar khareed sakte hain. Is se supportive economic fundamentals ke bawajood euro ki gains reverse ho sakti hain.

Sentiment : Bullish

To add to the discussion, join the mastermind. Login

Market Update : EUR – August 15, 2026, 1:56 am

EUR – English

  • The EUR/USD pair shows a short-term bullish bias, supported by softer US inflation and a 0.6% decline in July US retail sales, which have reduced expectations of a September Fed rate hike. This has pressured the USD, providing macro support for the euro.

  • Technically, EUR/USD is trading above key moving averages (20-, 50-, and 100-day) with improving momentum indicators like RSI at 63.2 and a bullish MACD. However, the pair is nearing resistance at the 100-day SMA around 1.162–1.163, increasing the risk of a pullback.

  • Traders should watch for a confirmed break above 1.1630 for further upside or a pullback to 1.1530–1.1560 for potential re-entry. A break below 1.1470 would invalidate the bullish outlook.

EUR – Urdu

  • EUR/USD pair mein short-term bullish trend nazar aa raha hai. Iski wajah US inflation ka soft hona aur July mein US retail sales ka 0.6% girna hai. Is se September mein Fed ke rate hike ke chances kam hue hain, jis ki wajah se US Dollar weak hua aur Euro ko support mila.

  • Technical side par EUR/USD 20-day, 50-day aur 100-day moving averages ke upar trade kar raha hai. RSI 63.2 par hai aur MACD bhi bullish signal de raha hai, jo momentum improve honay ki nishani hai.

  • Lekin pair ab 100-day SMA ke resistance zone 1.162–1.163 ke qareeb hai. Is level par resistance mil sakti hai aur short-term pullback ka risk barh sakta hai.

Sentiment : Bullish

To add to the discussion, join the mastermind. Login

Market Update : EUR – August 15, 2026, 1:59 am

EUR – English

  • The EUR/USD pair shows a short-term bullish bias, supported by softer US inflation and a 0.6% decline in July US retail sales, which have reduced expectations of a September Fed rate hike. This has pressured the USD, providing macro support for the euro.

  • Technically, EUR/USD is trading above key moving averages (20-, 50-, and 100-day) with improving momentum indicators like RSI at 63.2 and a bullish MACD. However, the pair is nearing resistance at the 100-day SMA around 1.162–1.163, increasing the risk of a pullback.

  • Traders should watch for a confirmed break above 1.1630 for further upside or a pullback to 1.1530–1.1560 for potential re-entry. A break below 1.1470 would invalidate the bullish outlook.

EUR – Urdu

  • EUR/USD mein short-term bullish trend nazar aa raha hai. Iski wajah US inflation ka soft hona aur July mein US retail sales ka 0.6% girna hai. In data ki wajah se September mein Fed ke rate hike ke chances kam huay hain.

  • Is se US Dollar par pressure aaya hai, jo Euro ko support de raha hai.

  • Technical side par EUR/USD apni important moving averages — 20-day, 50-day aur 100-day — ke upar trade kar raha hai. RSI 63.2 par hai, jo buying momentum ko show karta hai, aur MACD bhi bullish signal de raha hai.

Sentiment : Bullish

To add to the discussion, join the mastermind. Login

ECB meeting probably won’t help the euro much.

EUR/USD Weekly Forecast Summary

The EUR/USD pair remains under bearish pressure, trading around 1.1450. The outlook is dominated by geopolitical instability rather than monetary policy.

  • Key Drivers:
    • Middle East Conflict: Escalating tensions in the Strait of Hormuz are driving up oil prices and fueling inflationary concerns, overshadowing recent positive US economic data.
    • ECB Outlook: The upcoming European Central Bank meeting is unlikely to boost the Euro, as markets are focused on the war’s impact on the economy.
    • US Data: While US inflation (CPI/PPI) has cooled, reducing immediate Fed rate hike expectations, the geopolitical “red flag” keeps the market cautious.
  • Technical Outlook:
    • Trend: Bearish. The pair is trading below key moving averages (100-day and 200-day SMAs).
    • Support: Immediate support is at 1.1414 (20-day SMA); a break below could lead to 1.1324 and 1.1200.
    • Resistance: Initial resistance is at 1.1470, followed by 1.1585.

Forexsource.net

EURUSD bearish forecast
🔍 Click for expanded view
EURUSD bearish forecast
Urdu
یورو اور ڈالر کے جوڑے کا ہفتہ وار خلاصہ

• اس وقت EUR/USD جوڑا bearish دباؤ میں ہے اور تقریباً 1.1450 کے آس پاس ٹریڈ کر رہا ہے۔ ابھی مجموعی منظرنامہ monetary policy سے زیادہ geopolitical بے یقینی کے اثر میں ہے۔

• اہم وجوہات:

• Middle East conflict میں بڑھتی ہوئی کشیدگی، خاص طور پر Strait of Hormuz میں، oil prices اوپر لے جا رہی ہے اور inflation کے خدشات بڑھا رہی ہے۔ اسی وجہ سے حالیہ مثبت US economic data بھی پس منظر میں چلا گیا ہے۔

• آنے والی ECB meeting سے Euro کو خاص سہارا ملنے کا امکان کم ہے، کیونکہ مارکیٹ کی زیادہ توجہ جنگ کے economy پر اثرات پر ہے۔

• US data میں inflation یعنی CPI/PPI کچھ ٹھنڈی ہوئی ہے، جس سے فوری Fed rate hike کی توقعات کم ہوئی ہیں، لیکن geopolitical “red flag” کی وجہ سے مارکیٹ اب بھی محتاط ہے۔

• تکنیکی صورتحال:

• رجحان bearish ہے۔ یہ جوڑا اہم moving averages یعنی 100-day اور 200-day SMAs سے نیچے ٹریڈ کر رہا ہے۔

• support کی پہلی سطح 1.1414 ہے، جو 20-day SMA بھی ہے۔ اگر یہ سطح ٹوٹ گئی تو پھر 1.1324 اور 1.1200 تک جانے کا امکان ہے۔

• resistance کی پہلی سطح 1.1470 ہے، اس کے بعد 1.1585 آتی ہے۔

To add to the discussion, join the mastermind. Login

Likes

Post Visibility

Create New Post

You need to be logged in to access this page.

You need to be logged in to access this page.

Login
New post on ForexSource.net OK No Thanks