EUR/USD: USD shows signs of weakness

The beginning of this session is marked by an improvement in market sentiment, with equities recovering, while the US dollar is retreating slightly.

In the case of the EUR/USD pair, we are seeing signs of buyer strength again. The price continues to be supported by the support zone marked by 1.047, and at this moment, there are indications that the price may gain new upward momentum in the short term.

On the 1-hour chart, we can see that the price is being traded within a technical structure that has not been broken yet. If buyers manage to surpass the upper limit of the structure, then the upward movement towards the 1.06398 mark should not be ruled out.

1 hour time frame chart. Source: xStation 5

On the chart of the US dollar index and TNOTE, we can see that the divergence is increasing, which may lead to the belief that the US dollar could begin to depreciate soon.

TNOTE and USDIDX Daily time frame chart. Source: xStation 5

Currency Strength. Source: currency-strength.com

Henrique Tomé,
Analyst Portugal

26 October 2026, 12:36 PM

Market Wrap: Clear rebound in Europe against falling oil price. Assets related to Brazil in retreat

26 October 2026, 12:01 PM

Chart of the day: European gas ever closer to 100 EURMWh

26 October 2026, 6:50 AM

Economic Calendar - German Ifo index, Middle East escalation, and Wall Street giants' earnings

26 October 2026, 6:36 AM

Elections in Brazil: Lula returns to power, markets react with panic. Brazilian ETF loses nearly 15% in Tokyo. What about USDBRL, soybeans, sugar, BRAComp, and ETFs?

Forex Technical analysis

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days