# EUR/USD Price Forecast: Holds gains to near 1.1200, while staying below key technical resistance

> EUR/USD holds near 1.1190 in early European trade after the ECB kept its deposit rate at 2.50% following a 25bp hike in September. Markets priced about a 67% chance of a December hike, and the pair faces resistance at 1.1200.

- Date: 2026-10-30 · published 2026-11-01T17:11:44.991Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/17251-eur-usd-price-forecast-holds-gains-to-near-1-1200-while-staying-below-key
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

ECB hike expectations give the euro modest support against the dollar, a small factor for dollar-denominated feed commodity pricing.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-07-31 | [EUR/USD Price Forecast — Euro (1.1501) Holds 1.15 as Eurozone GDP Doubles Forecast at 0.4% and HICP Hits 2.9%](https://feedsoft.ai/events/18563-eur-usd-price-forecast-euro-1-1501-holds-1-15-as-eurozone-gdp-doubles-forecast.md) | -0.0% | +1.1% |
| EURUSD | 2023-12-14 | [US Dollar Forecast: EUR/USD Rally Persists Following Fed and ECB](https://feedsoft.ai/events/8303-us-dollar-forecast-eur-usd-rally-persists-following-fed-and-ecb.md) | +1.5% | +1.5% |
| EURUSD | 2023-10-31 | [Euro Holds Gains After Eurozone Inflation Comes In Below 3.0% But Core Remains 'Sticky'](https://feedsoft.ai/events/33841-euro-holds-gains-after-eurozone-inflation-comes-in-below-3-0-but-core-remains.md) | +1.2% | +3.3% |
| EURUSD | 2020-03-23 | [EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook](https://feedsoft.ai/events/11349-eur-usd-fed-unlimited-qe-sees-euro-gains-but-nordea-unwilling-to-call-for.md) | +3.5% | +1.9% |
| EURUSD | 2021-07-30 | [EUR/USD Forecast: Euro US Dollar Exchange Rate Climbs To Three-Week High On Disappointing US GDP](https://feedsoft.ai/events/46297-eur-usd-forecast-euro-us-dollar-exchange-rate-climbs-to-three-week-high-on.md) | -0.4% | -1.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-usd-price-forecast-holds-gains-to-near-11200-while-staying-below-key-technical-resistance-202610300458

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.