EUR/USD, USD/CAD, USD/CHF Forecast: Dollar Faces NFP Risk

EUR/USD, USD/CAD, USD/CHF Forecast: Dollar Faces NFP Risk

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/eur-usd-usd-cad-usd-135518084.html
Published: Sep 03, 2026 9:55 AM

EUR/USD Technical AnalysisEUR/USD price chart showing price at 1.16260, trading above both the 50 EMA (1.15961) and the 200 EMA (1.16130). Source: TradingView The Euro rose quite a bit in early trading on Thursday, but with the jobs report coming out, I'm watching the 1.1640 level. That was where we had seen that massive sell-off. I'm looking for signs of exhaustion to short this. Now, I don't want to get married to this position. This is not going to be a long-term position by any stretch of the imagination, but I think it's difficult to imagine a market that's just truly going to fly ahead of that Nonfarm Payroll announcement. It could, obviously, but I'm looking for signs of exhaustion to...

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.