EUR/USD: Upward pressure expected – UOB
By FXStreet Insights Team
Date Published: 9 Feb 2026 | Date Modified: 9 Feb 2026
POPULAR ARTICLES
UOB analysts Quek Ser Leang and Lee Sue Ann suggest that the Euro against the US Dollar is facing mild upward pressure and could test higher levels. The report indicates a potential advance to 1.1840, although the resistance at 1.1860 is unlikely to be breached.
UOB analysts Quek Ser Leang and Lee Sue Ann suggest that the Euro against the US Dollar is facing mild upward pressure and could test higher levels. The report indicates a potential advance to 1.1840, although the resistance at 1.1860 is unlikely to be breached. The Euro must hold above 1.1785 to sustain this upward momentum.
EUR/USD trading expectations
"Today, EUR could edge higher, but given the lackluster momentum, any advance is likely limited to a test of 1.1840. The next resistance at 1.1860 is unlikely to come under threat. To sustain the mild upward pressure, EUR must hold above 1.1785, with minor support at 1.1800."
"Downward momentum is fading, and unless EUR breaks and holds below 1.1765 in the next 1-2 days, it is increasingly likely that the downside risk will dissipate. Conversely, if EUR breaks above the ‘strong resistance’ at 1.1860 (no change in level), it would indicate that it has moved into a range-trading phase."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
