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EURUSD holds 1.12068, 13.4 pips wide in London so far

Three Ifo releases land at 09:30 UTC, 59 minutes from now

EURUSD · London session · Published Oct 26, 2026, 8:30 AM

EURUSD last sits at 1.12068, inside a London range of 13.4 pips that runs from 1.12036 to 1.12169. The nearest level above is the session open at 1.12161, 9.3 pips away, then the prior day high at 1.12266, 19.8 pips up. Below, the previous session low at 1.12020 is 4.8 pips away and the round number at 1.12000 is 6.8 pips down.

The Asia session ran 24.6 pips between 1.12020 and 1.12266 and closed at 1.12160. The prior trading day covered 42.0 pips, from 1.11846 to 1.12266. An ordinary day of the last 14 covers 64.3 pips, and the latest day sits at the 31st percentile of the last 42 days we hold, which the volatility source calls an ordinary day for this market.

The Ifo Current Business Situation, Business Expectations and Business Climate are all scheduled for 09:30 UTC, each graded impact 2 of 3, with forecasts of 89.7, 90.4 and 87.5. Over 209 past releases of this family, EURUSD moved 4.10 pips on average in the first 15 minutes and 7.43 in the first 60, in either direction. A USD 2-Year Note Auction follows at 17:00 UTC.

Large speculators are net short 134524 contracts, a weekly change of 3049, which is the 2nd percentile of the last 52 weekly reports. Among the headlines graded for EURUSD, FXStreet's piece on Euro inflation risks and Commerzbank was published at 06:37 UTC at impact 2 of 3.

Session brief

  1. EURUSD, London sessionOpen 1.12161, high 1.12169, low 1.12036, close 1.12068: a range of 13.4 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 1.12170, high 1.12266, low 1.12020, close 1.12160: a range of 24.6 pips over 595 minutes, from our own one-minute candles.
  4. EURUSD, previous trading dayHigh 1.12266, low 1.11846, close 1.12018 on 2026-10-23, a range of 42.0 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 64.3 pips. The latest day sits at the 31st percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. EUR Ifo Current Business SituationScheduled 2026-10-26 09:30 UTC, impact 2 of 3. Forecast 89.7. Previous 89.5. From MQL5 Economic Calendar.
  7. EURUSD reaction to sentiment_eurOver 209 past releases EURUSD moved 4.10 pips on average in the first 15 minutes and 7.43 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD 2-Year Note AuctionScheduled 2026-10-26 17:00 UTC, impact 2 of 3. Previous 4.787%. From MQL5 Economic Calendar.
  9. CFTC Commitments of Traders, 099741Large speculators are net short 134524 contracts, a change of 3049 on the week. That is the 2nd percentile of the last 52 weekly reports.
  10. Euro: Rising inflation risks threaten resilience - CommerzbankFXStreet. Graded impact 2 of 3 for EURUSD by our headline classifier.
  11. EUR Ifo Business ClimateScheduled 2026-10-26 09:30 UTC, impact 2 of 3. Forecast 87.5. Previous 89.9. From MQL5 Economic Calendar.

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.