4:21 PM · 29 August 2022

EUR/USD: Below the parity, once again.

Today's session is being marked by a slight improvement in market sentiment, after Friday's session was frankly negative for equities and the euro.
The euro is once again trading below the parity against the US dollar, and remains under pressure while equities sell-off.

 

This will also be an important week for EUR/USD, as the US labor market data will be released on Friday with the release of the NFP report.


Daily Time Frame Chart

On the daily chart, we can see that the pair is just over 20 pips away from this year's lows.

If sellers manage to break below this zone, the bearish movement could intensify further and the euro could hit a new low this year against the US dollar.

 

EUR/USD, 4 hours time frame chart. Source: xStation

On the 4-hour chart we can see that the price ended up making a fake breakout (yellow circle) near the lower boundary of the structure.

At this point, the price has returned to being traded within the structure and in case the sellers regain control of the price, the downward movement could intensify again.




 

 

Daily Time frame chart. Source: xStation 5


Despite all the bearish pressures, during this session, EUR is leading the gains.

Source: currency-strength.com

Henrique Tomé, XTB Portugal

14 August 2026, 6:59 PM

Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains 🚨

14 August 2026, 6:06 PM

⬇️Three Markets to Watch Next Week (August 14, 2026)

14 August 2026, 1:00 PM

Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)

14 August 2026, 8:35 AM

Chart of the Day 🚩 Speculations Around Faster Rate Hikes in Japan — Could USDJPY Reverse Its Trend?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits