fxmind
Try free

All briefs

EURUSD at 1.12072, 42.2 pips of London range so far

German PPI m/m is scheduled for 2026-10-20 06:00 UTC, impact 2 of 3

EURUSD · London session · Published Oct 19, 2026, 8:30 AM

EURUSD last traded at 1.12072, inside a London session that has run 42.2 pips between 1.11866 and 1.12287. The nearest level above is the session open at 1.12276, 20.4 pips away, and the nearest below is the prior day low at 1.12080, 0.8 pips away. Further out sit the round number at 1.12000, 7.2 pips below, and the prior day high at 1.12696, 62.4 pips above.

The Asia session ran 58.2 pips between 1.11765 and 1.12347 and closed at 1.12276. The prior trading day covered 61.6 pips, and an ordinary day of the last 14 covers 75.4 pips. The latest day sits at the 69th percentile of the last 42 days we hold, which is an ordinary day for this market.

The next scheduled release is German PPI m/m on 2026-10-20 at 06:00 UTC, with a forecast of 1.5% and a previous of 1.1%. Over 121 past releases of this family, EURUSD moved 5.14 pips on average in the first 15 minutes and 8.76 in the first 60, in either direction.

Large speculators are net short 137573 contracts in the COT report of 2026-10-13, a change of -38241 on the week and the 0th percentile of the last 52 weekly reports. The headlines graded for EURUSD include an Action Forex piece on GBP/USD and UK CPI, published at 07:14 UTC and graded impact 2 of 3.

Session brief

  1. EURUSD, London sessionOpen 1.12276, high 1.12287, low 1.11866, close 1.12072: a range of 42.2 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 1.11929, high 1.12347, low 1.11765, close 1.12276: a range of 58.2 pips over 595 minutes, from our own one-minute candles.
  4. EURUSD, previous trading dayHigh 1.12696, low 1.12080, close 1.12409 on 2026-10-16, a range of 61.6 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 75.4 pips. The latest day sits at the 69th percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. EUR German PPI m/mScheduled 2026-10-20 06:00 UTC, impact 2 of 3. Forecast 1.5%. Previous 1.1%. From Forex Factory.
  7. EURUSD reaction to ppi_eurOver 121 past releases EURUSD moved 5.14 pips on average in the first 15 minutes and 8.76 in the first 60, in either direction. Measured on our own one-minute candles.
  8. CFTC Commitments of Traders, 099741Large speculators are net short 137573 contracts, a change of -38241 on the week. That is the 0th percentile of the last 52 weekly reports.
  9. GBP/USD Reversal Test: Can UK CPI Sustain BoE Tightening Bets Beyond November?Action Forex. 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.