Read more
3:33 PM · 19 September 2022

EURUSD: Hovers Around the Parity Level Again

-
-
Open account Download free app

Today's session is marked by the recovery of the risk-on sentiment in the markets, despite the initial drops in equities during the European session.

In the forex market, the pair EUR/USD continues to consolidate, after the strong drops registered after the publication of the CPI data in the US.


1 hour Time Frame Chart

On the 1-hour chart, we can see that the price is still sideways after the last big drop recorded.
However, it is possible to limit the movements through the chart pattern - expanding channel.
As such, the upper bound of the structure could be the next obstacle to short-term buying force and could dictate new bearish momentum if sellers manage to regain control of the price.

EUR/USD, 1 hour time frame chart. Source: xStation


EUR/USD, Daily Time Frame Chart. Source: xStation 5 


During this session, EUR is leading the gains.

Heatmap. Source: xStation 5

Henrique Tomé, XTB Portugal


 
11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

9 February 2026, 10:08 AM

Takaichi’s party wins elections in Japan – a return of debt concerns? 💰✂️

Join over 2 000 000 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