EUR/USD Euro-dollar · Forecast & Analysis
Heads-up: USD Core PPI m/m, PPI m/m came in worse than expected for USD (39 h ago), supports EUR/USD.
The bearish verdict on EUR/USD rests on a hawkish repricing after hot US inflation: the euro against the dollar has set fresh multi-month lows and every tracked timeframe, plus the news flow, points the same way.
News situation · 681 items / 30 D
3 of 681 straight from the issuer or regulator
Technicals · trend now
The 2 most recent active signals are bullish (since 12.11.). The signal situation shown, the trend across all timeframes, is still bearish and may be turning.
8 of 8 timeframes down
8 active signals (5 long / 3 short), strongest: 30M at 100 %
EUR/USD chart by timeframe
Trendlines, support and resistance and patterns come from the newest signal of the selected timeframe.
Outlook for Euro / US Dollar
Direction, typical moves and upcoming dates from our own price, news and calendar data, recalculated on every visit. An assessment, not investment advice.
No price statement: our price history does not reach that far. Based on 681 news items.
What drives it
- Hot October US inflation cemented a December Fed hike, with markets pricing still more tightening into 2027.
- The dollar index struck a new high for 2026 as the euro-dollar pair set an 18-month low near 1.1045.
- Trend measures point down on every timeframe from 15 minutes to the daily chart, keeping rallies short-lived.
- The widening Fed-ECB rate gap favours the dollar side of the pair into December.
What argues against it
- RSI in the mid-30s and a 30-minute cluster of double bottom and falling wedge patterns warn of a bounce.
- Friday's softer US PPI briefly dented the dollar; a repeat disappointment could ease Fed rate pricing.
- German and euro-area sentiment surveys, euro-area inflation and US retail sales land in the coming days.
What would change the picture
- A daily close above the 20-day EMA at 1.1185 would ease the bearish tone.
- Losing the 1.1045 low points to continuation; reclaiming 1.12731 would negate the bearish setup.
- Surprises in the ZEW surveys or euro-area CPI could shift the rate-gap story either way.
Coming up
- Germany: ZEW Economic Sentiment Indicator
- Euro area: ZEW Economic Sentiment Indicator
- US: Retail sales · expected 0.7%, previous 0.9%
Economic data for EUR/USD
Full calendarRecently released
- November 13, 2026USDPPI m/m●●●Actual 0.3%Forecast 0.4%Previous 1.4%
- November 13, 2026USDCore PPI m/m●●●Actual 0.3%Forecast 0.4%Previous 0.8%
- November 13, 2026EURGDP q/q (Euro area)●●●Actual 0.4%Forecast 0.4%Previous 0.6%
- November 13, 2026EURGDP y/y (Euro area)●●●Actual 1.3%Forecast 1.3%Previous 1.2%
- November 13, 2026EUREU Leaders Summit (Euro area)●●●
- November 12, 2026EURECB President Lagarde Speech (Euro area)●●●
- November 12, 2026USDEIA Crude Oil Stocks Change●●●Actual 4.657MForecast -2.489MPrevious -0.865M
- November 12, 2026USDInitial Jobless Claims●●●
Coming up
- November 17, 2026EURZEW Economic Sentiment Indicator (Germany)●●●in 2 days
- November 17, 2026EURZEW Economic Sentiment Indicator (Euro area)●●●in 2 days
- November 17, 2026USDCore Retail Sales m/m●●●Forecast 0.7%Previous 0.9%in 2 days
- November 17, 2026USDRetail Sales m/m●●●Forecast 0.3%Previous 0.8%in 2 days
- November 18, 2026EURCPI y/y (Euro area)●●●Forecast 3.2%Previous 3.2%in 3 days
- November 18, 2026EURCore CPI y/y (Euro area)●●●Forecast 2.5%Previous 2.5%in 3 days
- November 18, 2026EURCPI m/m (Euro area)●●●Forecast 3.8%Previous 3.8%in 3 days
- November 18, 2026EURCore CPI m/m (Euro area)●●●Forecast 0.3%Previous 0.3%in 3 days
All times UTC. Assessed against the consensus forecast, otherwise against the previous value. Price reaction measured on EURUSD.
Trend across all eight timeframes
Every tracked style is bearish. Trend measures run down from 15 minutes through the daily chart, with the hourly and daily strongest. The bullish clusters on the 30-minute chart are counter-trend bounce signals inside that downtrend, capped by resistance at 1.11027 and only valid while support near 1.10663 holds.
What this means for your trading style
- Bearish on the fastest charts: 15- and 30-minute selling dominates, and the recurring 30-minute buy clusters are only counter-trend bounces so far.
- Bearish on the 1-hour and 2-hour charts, where price sits below its moving averages and a rectangle breakdown points to continued selling pressure.
- Bearish on the 4-hour and 8-hour charts, with RSI oversold yet no reversal; the 4-hour trend is still forming, so the signal is early but aligned.
- Bearish on the 12-hour and daily charts, the slowest view: momentum turned up briefly on the 12-hour chart, but the daily downtrend remains solid.
Both worlds over time
One dot per day and source, 30 days. Technicals: trend across all timeframes at the close of the day. News: net direction of the day.
The 2 most recent active signals are bullish (since 12.11.).
8 active signals for EUR/USD
Last 72 hours
What is being reported about EUR/USD
General news on EUR and USD
These reports concern one side of the pair. The label shows their effect on EUR/USD; in the news verdict they count half.
In-depth analysis of Euro / US Dollar
AI-generated · as of November 15, 2026
Euro-dollar has fallen clearly over the past day, the past week and the past month, and the latest news explains why. October's hotter US inflation led markets to price not only a December Fed hike but further tightening through 2027, and Fed speakers such as Waller endorsed a half-point option.
The dollar index made a new high for 2026 while the euro-dollar pair, often called Fiber, set an 18-month low near 1.1045. The technical picture agrees: trend measures point down on every timeframe from 15 minutes to the daily chart, and price sits below the 20-day EMA around 1.1185, a level where rallies have been sold. The main caveat is positioning. RSI readings in the mid-30s and a cluster of bullish reversal patterns on the 30-minute chart, including a double bottom and a falling wedge, make a bounce toward resistance at 1.11027 plausible even while the larger downtrend holds. Friday's softer US producer prices briefly dented the dollar, yet the pair still slipped afterwards, a sign the bearish flow is entrenched. Ahead, a heavy calendar lands within days: German and euro-area sentiment surveys, euro-area inflation figures and US retail sales could each reset rate expectations in either direction, so the next few sessions carry real event risk on top of the prevailing trend.
Frequently asked questions about Euro / US Dollar
Why is the euro under so much pressure right now?
Hot October US inflation pushed markets to price a December Fed hike and more tightening through 2027, while the ECB is still expected to deliver only one final hike. That widening rate gap lifts the dollar side of the pair and drove euro-dollar to a fresh multi-month low near 1.1045.
Could the bounce signals on the short charts lead to a bigger recovery?
They can spark a rally, but so far only a small one. Bullish 30-minute patterns like the double bottom sit inside a strong hourly-to-daily downtrend, and resistance at 1.11027 and then 1.12514 would have to give way before the bearish case weakens.
What data could change the picture in the coming days?
A heavy calendar: German and euro-area sentiment surveys, euro-area inflation figures and US retail sales all land within days. A daily close above the 20-day EMA at 1.1185 would ease the bearish tone, while renewed dollar strength would confirm it.
📝 Overview Generated automatically
EUR/USD has been the subject of 877 signals across 877 articles in the last 365 days. Sentiment skews Bearish (53%).
Breakdown: 323 bullish, 463 bearish, 91 neutral.
Most-cited catalysts: Dollar strength (3×), Expectations of slower ECB rate cuts (2×), Repricing of ECB rate hike expectations (2×). Most-cited risk factors: ECB dovishness could cap euro gains (4×), Eurozone economic weakness (4×), ECB hawkish surprise (4×).
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