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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

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

Market Update : GBP – August 15, 2026, 2:03 am

GBP – English

• GBP/USD maintains a bullish bias but faces key resistance near 1.3550. The pair is trading above critical moving averages (SMA-20, SMA-50, SMA-200) on the 4-hour and daily charts, signaling strong upward momentum. Weak U.S. retail sales and PPI data have softened Fed rate hike expectations, pressuring the USD, while resilient UK growth supports the pound.

• However, momentum has cooled, with RSI retreating from overbought levels, and the pair is testing a well-defined resistance zone. A failure to break higher could trigger a pullback toward broader support levels.

• Traders should wait for a confirmed breakout above 1.3560 or a pullback to 1.3490–1.3450 for better risk-reward entries.

GBP – Urdu

• GBP/USD ka overall trend bullish hai, lekin 1.3550 ke qareeb strong resistance aa rahi hai.

• Pair 4-hour aur daily charts par important moving averages — SMA-20, SMA-50 aur SMA-200 — ke upar trade kar raha hai. Is se pata chalta hai ke upward momentum abhi strong hai.

• Weak U.S. retail sales aur PPI data ki wajah se Federal Reserve ke rate hikes ki expectations kam hui hain, jis se US Dollar par pressure aya hai.

Sentiment : Bullish

BoE Inflation Expectations & PMI Readings

The Bank of England’s Decision Maker Panel showed 1-year ahead CPI inflation expectations fell to 3.4% (from 3.7%), while 3-year expectations eased to 2.8% (from 2.9%). This suggests businesses expect inflation pressures to continue moderating.

#UK Flash PMIs Beat Expectations:

-Manufacturing PMI: 52.8 vs 52 expected (52.5 previous)
-Services PMI: 51.8 vs 49.4 expected (48.8 previous)
-Composite PMI: 52.1 vs 49.8 expected (49.3 previous)

All three readings came in above forecasts and remained above the 50 threshold, pointing to stronger-than-expected UK economic activity.

Market Takeaway:

The combination of stronger UK PMI data and still-hawkish BoE rhetoric is supportive for GBP, although the decline in inflation expectations could temper expectations for aggressive future rate hikes.

Forexsource.net

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BOJ Shift Fails to Lift Yen

BoJ

The BOJ is slowly shifting toward tighter policy, but weak yen fundamentals and strong US dollar demand keep pressure on the currency. Traders remain watchful for intervention, though its long-term impact may be limited.

Forexsource.net

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