EUR/USD Market Analysis for August 4, 2026
The EUR/USD scenario remains intact, though the pair is capped by overhead resistance, and volatility remains low. I consider a pullback toward the 1/2 margin zone and the strike at spot 1.1479 to be the most likely scenario at this time.
The European economy is posting some of its strongest earnings results in recent years. This creates the conditions for regional equities to reach new highs, as analysts grow increasingly optimistic across a wide range of sectors.
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