Read more
1:34 PM · 28 August 2023

EUR/USD remains above the 1.07713 level

EUR/USD
Forex
-
-

The EUR/USD pair has been at the center of attention since last week. Investors were expecting that Powell's statements at the Jackson Hole’s Symposium could bring high volatility to the markets. However, the statements ended up having a limited impact on the markets.

Nevertheless, several important economic data points about the American and European economies will be revealed this week. As a result, the EUR/USD pair is likely to be exposed to periods of increased volatility.




 

4 hours Time Frame Chart. Source: xStation 5


If we look at the chart, we can observe that the price continues to adhere to the lower boundary of the chart pattern, along with the Fibonacci levels at 78.6%. 



Henrique Tomé,
Analyst Portugal
29 October 2025, 1:46 PM

BREAKING: Bank of Canada cuts rates by 25 bp ✂️

29 October 2025, 10:22 AM

Chart of the day: AUDUSD (29.10.2025)

29 October 2025, 7:12 AM

BREAKING: USDSEK dip 0.15% on above-estimates GDP data in Sweden 🇸🇪

29 October 2025, 6:59 AM

Morning wrap (29.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

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