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EURUSD at 1.12458, London range 15.2 pips

Eurozone CPI is due at 09:00 UTC, 29 minutes away, with EURUSD having moved 4.60 pips on average in the first 15 minutes of past cpi_eur releases

EURUSD · London session · Published Oct 16, 2026, 8:30 AM

EURUSD last traded at 1.12458, inside a London session that has run 15.2 pips between 1.12343 and 1.12495 since the 07:00 UTC open. The nearest level above is the prior week high at 1.12768, 31.0 pips away, with the round number at 1.13000 a further 54.2 pips up. Below sit the previous session high at 1.12413, 4.5 pips down, and the prior day high at 1.12411, 4.7 pips down.

The Asia session ran 33.2 pips between 1.12080 and 1.12413 and closed at 1.12346. The prior trading day covered 89.4 pips between 1.11517 and 1.12411. An ordinary day over the last 14 covers 73.8 pips, and the latest day sits at the 86th percentile of the last 44 days we hold, which is a busy day for this market.

Eight releases of impact 2 or 3 fall in the 24 hours to 2026-10-17 08:30 UTC, starting with Eurozone CPI at 09:00 UTC, 29 minutes away, and USD Import and Export Price Index at 12:30 UTC. EUR CPI y/y carries impact 3 of 3, with forecast 2.9% and previous 2.9%. Over 252 past cpi_eur releases EURUSD moved 4.60 pips on average in the first 15 minutes and 7.55 in the first 60, in either direction.

Large speculators are net short 99332 contracts, a change of -36076 on the week, the 0th percentile of the last 52 weekly reports. The most recent graded headline, from FXStreet at 08:05 UTC, is graded impact 2 of 3 for EURUSD.

Session brief

  1. EURUSD, London sessionOpen 1.12346, high 1.12495, low 1.12343, close 1.12458: a range of 15.2 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 1.12186, high 1.12413, low 1.12080, close 1.12346: a range of 33.2 pips over 595 minutes, from our own one-minute candles.
  4. EURUSD, previous trading dayHigh 1.12411, low 1.11517, close 1.12206 on 2026-10-15, a range of 89.4 pips, from our own candles on the trading day that starts 17:00 New York.
  5. EURUSD daily rangeAn ordinary day of the last 14 covers 73.8 pips. The latest day sits at the 86th percentile of the last 44 days we hold, which is a busy day for this market. Measured on our own candles.
  6. Economic calendar for EUR and USD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-17 08:30 UTC. Our calendar covers up to 2026-11-15 00:00 UTC.
  7. EUR CPI y/yScheduled 2026-10-16 09:00 UTC, impact 3 of 3. Forecast 2.9%. Previous 2.9%. From MQL5 Economic Calendar.
  8. EURUSD reaction to cpi_eurOver 252 past releases EURUSD moved 4.60 pips on average in the first 15 minutes and 7.55 in the first 60, in either direction. Measured on our own one-minute candles.
  9. CFTC Commitments of Traders, 099741Large speculators are net short 99332 contracts, a change of -36076 on the week. That is the 0th percentile of the last 52 weekly reports.
  10. Euro: Consolidation potential against US Dollar on CPI – INGFXStreet. 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.