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EURUSD at 1.12299, London range 40.0 pips

USD Trade Balance is scheduled at 12:30 UTC, the next release in a 24 hour window

EURUSD · London session · Published Oct 6, 2026, 8:30 AM

EURUSD last traded at 1.12299, inside a London session that has run 40.0 pips between 1.12030 and 1.12430. The nearest level above is the Asia session high at 1.12312, 1.3 pips away, and the nearest below is the prior week low at 1.12150, 14.8 pips below.

Asia closed at 1.12104 after a 28.3 pip range, with a high of 1.12312 and a low of 1.12030. The prior trading day ran 100.2 pips, and an ordinary day of the last 14 covers 62.2 pips; the latest day sits at the 95th percentile of the last 42 days we hold, which is an unusually wide day for this market.

The calendar holds 8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-07 08:30 UTC, starting with USD Trade Balance at 12:30 UTC, forecast -100.8B against a previous -88.6B. Over 50 past releases of that family EURUSD moved 6.20 pips on average in the first 15 minutes and 11.47 in the first 60, in either direction.

Large speculators are net short 63256 contracts, a change of -10922 on the week, the 2nd percentile of the last 52 weekly reports. The loudest headline for this instrument is graded impact 2 of 3 and published at 07:26 UTC, and a second at 07:15 UTC carries the same grade.

Session brief

  1. EURUSD, London sessionOpen 1.12103, high 1.12430, low 1.12030, close 1.12299: a range of 40.0 pips over 90 minutes, from our own one-minute candles.
  2. EURUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. EURUSD, Asia sessionOpen 1.12224, high 1.12312, low 1.12030, close 1.12104: a range of 28.3 pips over 595 minutes, from our own one-minute candles.
  4. EURUSD daily rangeAn ordinary day of the last 14 covers 62.2 pips. The latest day sits at the 95th percentile of the last 42 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  5. USD Trade BalanceScheduled 2026-10-06 12:30 UTC, impact 2 of 3. Forecast -100.8B. Previous -88.6B. From Forex Factory.
  6. EURUSD reaction to trade_balance_usdOver 50 past releases EURUSD moved 6.20 pips on average in the first 15 minutes and 11.47 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 099741Large speculators are net short 63256 contracts, a change of -10922 on the week. That is the 2nd percentile of the last 52 weekly reports.
  8. Japanese Yen drifts lower as sustained USD buying offsets intervention fearsFXStreet. Graded impact 2 of 3 for EURUSD by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.