{
  "id": 3775806,
  "title": "EUR/USD Price Forecast: Buyers remain in charge above the 200-day SMA",
  "url": "https://urgent.news/2026/08/27/eur-usd-price-forecast-buyers-remain-in-charge-above-the-200-day-sma",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T16:49:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-usd-price-forecast-buyers-remain-in-charge-above-the-200-day-sma-202608271649"
  },
  "original_language": "en",
  "account": "EUR/USD price remains stable, hovering around 1.1651 as traders await Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole Symposium on Friday. The near-term fundamental and technical outlook favors the Euro, but momentum indicators suggest a potential slowdown in the pair's upward movement. At the moment, the 200-day Simple Moving Average (SMA) serves as support at 1.1632. Strategists at Brown Brothers Harriman note that EUR/USD is currently directionless around 1.1650, with the 200-day moving average proving crucial for the pair's consolidation. ECB's interest rate policies, with expectations of a 25bps hike to 2.50% at the September 10 meeting and a total tightening of 60bps over the next year, support the Euro. Technical analysis shows a steady uptrend since the start of the month, with the pair hitting higher highs and higher lows while re-establishing key SMAs between 1.1480 and 1.1630. Support lies at the 200-day SMA (1.1633) and the 100-day SMA (1.1574), while resistance is at the 1.1700 psychological level and the 1.1800 mark.",
  "summary": "EUR/USD is virtually unchanged on Thursday, with price action settling into consolidation after the pair climbed to a three-month high of 1.1711 earlier this week.",
  "key_points": [
    "EUR/USD stable around 1.1651 awaiting Federal Reserve Chair Warsh's speech",
    "200-day SMA acts as support at 1.1632 for Euro",
    "ECB's 25bps interest rate hike to 2.50% supports Euro in September"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}