EUR/USD Price Forecast: Strengthens to near 1.1500, while bearish bias persists below 100-day SMA

EUR/USD Price Forecast: Strengthens to near 1.1500, while bearish bias persists below 100-day SMA

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-strengthens-to-near-11500-while-bearish-bias-persists-below-100-day-sma-202609180447
Published: Sep 18, 2026 12:47 AM

The EUR/USD pair trades in positive territory around 1.1490 during the early European session on Friday, bolstered by a weaker US Dollar (USD). However, the potential upside of the major pair might be limited amid a hawkish interest rate hike by the Federal Reserve (Fed).

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.