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Market Analysis: EUR/USD Extends Losses While USD/CHF Eyes Upside Break

🔸 The Euro struggled to clear the 1.1040 resistance against the US Dollar.
🔸 There is a major bearish trend line forming with resistance near 1.0920 on the hourly chart of EUR/USD at FXOpen.
🔸 USD/CHF is gaining pace above the 0.8745 resistance zone.
🔸 There is a key bullish trend line forming with support near 0.8760 on the hourly chart at FXOpen.

Read the latest market analysis on our blog: https://cutt.ly/KwgHNvRL

To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.

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This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice
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Daily Market News with FXOpen - 17 February 2026

🔸 European markets set to open lower as earnings remain in focus;
🔸 Gold falls below $4,900 in quiet Lunar New Year holiday trading;
🔸 Shares fall in Japan, while most Asian markets are shut for Lunar New Year.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.

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