Today's EUR to USD Price Update

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Summary

This report provides the real-time exchange rate between the Euro (EUR) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is the primary fiat currency of the Eurozone, while the U.S. Dollar (USD) is the world’s most dominant reserve currency. The exchange rate between them reflects market sentiment regarding economic conditions in both regions and serves as a key indicator for international trade and investment flows.

Today’s Price

  • 1 EUR = 1.1819 USD
  • 24h High: 1.1820 USD
  • 24h Low: 1.1817 USD

Market Analysis

Recent EUR/USD price movements indicate a bearish outlook, with technical analysis suggesting a strong short-term downtrend. The currency pair is currently trading within a compressed range as of February 8, 2026.

  • Technical levels: Key support area around 1.1766–1.1760 USD, with further support at 1.1672 USD
  • Risk note: Market participants should anticipate potential volatility around ECB monetary policy announcements and U.S. economic data releases, which could generate sharp price movements regardless of technical factors
  • Trading opportunities: Monitor for bullish price action reversals near key support levels for potential long positions; watch for fading opportunities following significant economic announcements

Conclusion

Continue to monitor the EUR/USD pair closely, integrating technical analysis with upcoming central bank decisions and macroeconomic indicators. The current bearish trend warrants cautious positioning until clearer directional signals emerge.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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