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>>EUR/USD resists pressure, maintaining the crucial 1.1500 level ahead of the pivotal US inflation report

EUR/USD resists pressure, maintaining the crucial 1.1500 level ahead of the pivotal US inflation report

crypthub

3/13/2026, 2:00:58 AM

EUR/USD Holds Above 1.1500

The pair stays just above the psychological 1.1500 barrier, showing strong technical resilience. Support sits at 1.1500, 1.1480 (50‑day MA) and 1.1450, while resistance lies near 1.1550 and 1.1580. Trading volume is modest as markets await the US PCE inflation release, keeping momentum balanced.

Impact of the US PCE Report

The PCE index is the Federal Reserve’s preferred gauge, with analysts expecting a 0.3% monthly rise translating to about 2.8% annual inflation. A reading above expectations could weaken the euro, pushing EUR/USD below 1.1450; a lower figure may boost the pair toward 1.1600. The data will shape Fed rate‑cut projections ahead of its next policy meeting.

Policy Divergence and Market Outlook

The ECB remains cautious on inflation, contrasting with Fed signals of possible cuts later in the year, sustaining euro strength. Global factors such as European energy concerns and mixed US economic signals add complexity. Traders are positioning for heightened volatility, with net short bias on the dollar but balanced long interest in EUR/USD.