EUR/USD Price Forecast: Holds steady below 1.1700 as overbought momentum tempers further gains

EUR/USD Price Forecast: Holds steady below 1.1700 as overbought momentum tempers further gains

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-holds-steady-below-11700-as-overbought-momentum-tempers-further-gains-202608240559
Published: Aug 24, 2026 1:59 AM

The EUR/USD pair holds steady near 1.1680 during the early European trading hours on Monday. Fiscal interventions from the US Treasury weigh on the US Dollar (USD) against the Euro (EUR). Traders brace for details of sanctions on Iran and a policy ‌speech this week in the United States (US).

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.