The EUR/USD pair trims a part of its intraday gains, though it manages to hold above the 1.1800 mark through the first half of the European session on Monday and moves little following the release of the IFO institute’s business survey for February.
💡 DMK Insight
The EUR/USD pair’s stability above 1.1800 is noteworthy, especially with the IFO survey data influencing sentiment. Traders should keep an eye on how the pair reacts to this level, as a sustained hold could indicate bullish momentum. The IFO survey’s results often correlate with broader economic conditions in the Eurozone, which could impact other pairs like GBP/USD or even commodities like gold. If the EUR/USD breaks decisively above 1.1850, it could trigger further buying, while a dip below 1.1750 might signal a bearish reversal. Given the current ADA price at $0.27, any shifts in the forex market could also ripple into crypto sentiment, particularly if traders seek safer assets amid volatility.
📮 Takeaway
Watch the EUR/USD closely; a break above 1.1850 could signal bullish momentum, while a drop below 1.1750 may indicate a reversal.





