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Euro Short-term Outlook: EUR/USD Slides into Yearly Open Support – Decision Time

EUR/USD has retreated from recent highs and is now testing a pivotal structural level that has repeatedly acted as a directional hinge this year. Euro has continued to trade within a multi-week downtrend, and the focus is on how the market behaves at this threshold.
Date: 19.02.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.177680 -0.057707%
GBPUSD 1.347160 -0.16008%
USDJPY 154.989000 +0.15444%
XAUUSD 4998.470000 +0.42614%
USDCAD 1.368050 -0.10442%
NZDUSD 0.597400 +0.18111%
USDCHF 0.774730 +0.30296%
AUDUSD 0.705990 +0.25134%
EURGBP 0.874100 +0.16731%
EURJPY 182.532000 +0.07566%
GBPJPY 208.807000 -0.022025%
AUDJPY 109.424000 +0.38807%
CADJPY 113.310000 +0.26724%
CHFJPY 200.065000 -0.1263%
NZDJPY 92.588000 +0.3142%
GBPCHF 1.043710 +0.11319%
EURCHF 0.912410 +0.20537%
USDMXN 17.246510 +0.31467%
USDZAR 16.138140 +0.44715%
USDTRY 43.749400 +0.14008%
USDRUB 76.746400 -0.003127%
USDSEK 9.056180 +0.31825%
USDCNY 6.908100 +0.008686%

Upcoming Important Events

Time Country Event Forecast Previous
19.02.2026
23:30 🇯🇵 Inflation Rate YoY (Jan) 1.9 2.1
20.02.2026
07:00 🇬🇧 Retail Sales MoM (Jan) 0.2 0.4
08:30 🇩🇪 HCOB Manufacturing PMI (Feb) 49.8 49.1
09:30 🇬🇧 S&P Global Manufacturing PMI Flash (Feb) 51.9 51.8
09:30 🇬🇧 S&P Global Services PMI Flash (Feb) 53.6 54
13:30 🇺🇸 Core PCE Price Index MoM (Dec) 0.2 0.2
13:30 🇺🇸 GDP Growth Rate QoQ (Q4) 3.5 4.4
13:30 🇺🇸 Gross Domestic Product QoQ (Q4) 3 4.4
13:30 🇺🇸 Personal Income MoM (Dec) 0.1 0.3
13:30 🇺🇸 Personal Spending MoM (Dec) 0.4 0.5