FX.co ★ EUR/USD

EURUSD 15-Minutes Analysis: The EUR/USD pair has seen a respectable upward advance following the break of the critical resistance - level of 1.13621. As the risk profile surges and the possibility that the Federal Reserve (Fed) will take a less aggressive monetary policy stance at its February monetary policy meeting increases, the major currency pair has retested its eight - month high above 1.13921. The euro had a strong start to the week, driving EUR/USD to new highs above 1.14021, where some resistance has emerged. The EUR/USD resumes its rising trend and forgoes Friday's corrective knee - jerk due to Monday's strong tilt towards the risk complex. The USD Index (DXY) really hit fresh multi - month lows during Asian market hours due to selling pressure on the dollar, which was constantly accompanied by growing rumors of a reversal in the Fed's normalization process. The EUR/USD hit new highs at 1.14021 on Monday. The EUR/USD continues to have a significant bid bias on Monday as it approaches the round level of about 1.14221. The value of the dollar, the impact of the oil crisis on the eurozone, and the Fed - ECB gap should all be constantly monitored by fluctuations in the euro's price. The next resistance points for the pair, which is currently up 0.03% at 1.13571, are 1.13971, 1.14221 (round level), and 1.14571 (weekly high July 28, 2026). However, before reaching 1.09221, a break below 1.10021 (the monthly low of June 6) would aim for 1.09671 (the weekly low of August 7).