Thursday, October 15, 2026

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FxWirePro: EUR/USD extends bearish tone, positive U.S. data on Friday keeps USD supported

EUR/USD remains capped below 1.1100, extends declines for the fourth straight session on Monday, bearish tone intact. USD bulls remain supported by positive US data released on Friday which further reinforced Sept rate h…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/USD remains capped below 1.1100, extends declines for the fourth straight session on Monday, bearish tone intact.

  • USD bulls remain supported by positive US data released on Friday which further reinforced Sept rate hike expectations.

  • No significant data to watch in the European session, while crucial US CPI data due later this week may provide further insights into the Fed rate hike timing.

  • EUR/USD is currently trading at 1.1086, with immediate resistance at 1.1123 (Aug 16 High) and then 1.1189 (Daily High Aug 13 & 14).

  • On the flip side, support is seen at 1.1081 (Daily Low Aug 13), below which it could extend losses to 1.1031 (Tenkan-Sen).

Resistance Levels:

R1: 1.1123 (Aug 16 High)

R2: 1.1189 (Daily High Aug 13 & 14)

R3: 1.1215 (Daily High Aug 12)

Support Levels:

S1: 1.1081 (Daily Low Aug 13)

S2: 1.1031 (Tenkan-Sen)

S3: 1.1024 (Daily Low Aug 12)

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By FxWirePro Team