EUR/USD Price Forecast: Recovery halts near 50% Fibo retracement at 1.1750 - FXStreet

EUR/USD halted its recovery near the 1.1750 level, coinciding with the 50% Fibonacci retracement of its prior down move, suggesting renewed selling pressure at a key technical resistance zone. The stall reflects limited bullish conviction amid persistent divergence in monetary policy expectations, with the Fed maintaining a relatively hawkish stance compared to the ECB’s cautious approach, affecting the currency pair through interest rate differential dynamics. EUR/USD remains vulnerable to shifts in yield spreads and risk sentiment, with options market activity indicating elevated sensitivity around the 1.1700–1.1800 range. Traders are now focused on the upcoming U.S. CPI release as a potential catalyst for renewed momentum, particularly if inflation data reinforces or challenges current Fed rate cut pricing.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.