EUR/USD Price Forecast: Buyers challenge 100-day SMA as mo...

EUR/USD Price Forecast: Buyers challenge 100-day SMA as momentum turns bullish

Published Aug 06, 2026 10:43 AM Last refreshed Aug 06, 2026 12:00 PM Source: EODHD Event Time: Aug 06, 2026 10:43 AM

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EUR/USD Price Forecast: Buyers challenge 100-day SMA as momentum turns bullish

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-buyers-challenge-100-day-sma-as-momentum-turns-bullish-202608061443
Published: Aug 06, 2026 10:43 AM

EUR/USD trades on the back foot on Thursday, snapping a two-day winning streak as the US Dollar (USD) steadies. Still, the near-term technical picture remains bullish following the late-July rebound from below 1.1400. At the time of writing, the pair trades around 1.1534, down 0.15% on the day.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.