-
EUR/USD Forecast: Short-Term Neutral, But The Risk Is Skewed To The Downside
Monday, April 20, 2020 - 5:09pm | 423Read More...EUR/USD Current Price: 1.0862 Crude oil prices collapsed, exacerbating the dismal market mood. The EU Commission spurred rage after assigning Hungary almost double the relief than to Italy. EUR/USD short-term neutral, but the risk is skewed to the downside. It was a slow start to the week in...
-
EUR/USD Forecast: At Fresh Weekly Lows and Bearish, Break Below 1.0800 Likely
Thursday, April 16, 2020 - 4:31pm | 396Read More...EUR/USD Current Price: 1.0841 US unemployment claims for the week ended April 10 came in at 5245K. Exit strategies and lock-down extensions under consideration in Europe. EUR/USD at fresh weekly lows and bearish, break below 1.0800 likely. The EUR/USD pair fell to 1.0816, a fresh weekly low, as...
-
EUR/USD Forecast: Turned Neutral In The Short-Term
Wednesday, April 15, 2020 - 5:26pm | 419Read More...EUR/USD Current Price: 1.0921 Global stocks edged lower amid renewed fears of a global recession. US data came in much worse than anticipated, March Retail Sales fell 8.7%. EUR/USD turned neutral in the short-term, risk to turn south on a break below 1.0830. The American Dollar soared this...
-
EUR/USD Forecast: At Over One-Week High But Below The Critical 1.1000 Figure
Tuesday, April 14, 2020 - 4:27pm | 403Read More...EUR/USD Current Price: 1.0980 The shared currency is the biggest laggard as investors move away from the greenback. Coronavirus-related numbers continue to show flattening curves, fueling the positive sentiment. EUR/USD at over one-week high but below the critical 1.1000 figure. The American...
-
EUR/USD Forecast: Pressuring 1.0890 Fibonacci Support, But Overall Neutral In The Short-Term
Monday, April 13, 2020 - 5:07pm | 379Read More...EUR/USD Current Price: 1.0916 Wall Street turned negative after the long weekend, favoring safe-havens’ demand. Coronavirus-related curves are improving in Europe, but numbers still rough in the US. EUR/USD pressuring 1.0890 Fibonacci support, but overall neutral in the short-term. Demand...
-
EUR/USD Forecast: At Its Highest In A Week, But It's All About The Greenback
Thursday, April 9, 2020 - 5:38pm | 415Read More...EUR/USD Current Price: 1.0928 Fed Chief Powell announced additional easing, confident economy would rebound. The coronavirus crisis continues to develop, with no economic comeback at sight. EUR/USD at its highest in a week, but it’s all about the greenback. The American dollar tumbled this...
-
EUR/USD Forecast: Range-Bound Below 1.0900 At Risk Of Falling Sub-1.0800
Wednesday, April 8, 2020 - 3:55pm | 441Read More...EUR/USD Current Price: 1.0864 Hopes about the coronavirus crisis improving diminished after mixed numbers from the most troubled countries. US Senator Bernie Sanders pulled out of the 2020 presidential race, clearing Biden’s path. EUR/USD range-bound below 1.0900 at risk of falling sub-1....
-
EUR/USD Forecast: With Its Bullish Potential Limited
Tuesday, April 7, 2020 - 4:08pm | 425Read More...EUR/USD Current Price: 1.0906 The spread of coronavirus is painfully slowing, pandemic far from over. The ECB announced a package of temporary collateral easing measures. EUR/USD with its bullish potential limited, advancing only because of dollar’s weakness. The EUR/USD pair traded as...
-
EUR/USD Forecast: At The Lower End Of The Range
Monday, April 6, 2020 - 4:42pm | 381Read More...EUR/USD Current Price: 1.0794 The EU Sentix Investor Confidence index plummeted to -42.9 in April, down from -17.1 in March. Mildly optimistic news about the coronavirus pandemic boosted the market’s mood. EUR/USD maintains its bearish stance despite decreased demand for safety. Financial...
-
EUR/USD Forecast: Bearish, Heading Toward The Yearly Low At 1.0635
Thursday, April 2, 2020 - 4:14pm | 434Read More...EUR/USD Current Price: 1.0845 US unemployment claims jumped to 6.648 million in the week ended March 27. EU Markit Services PMI expected to suffer downward revisions. EUR/USD bearish, heading toward the yearly low at 1.0635. The EUR/USD pair fell to 1.0826, its lowest for this week, as the...
-
EUR/USD Forecast: Bearish, Nearing A Fibonacci Support Level At 1.0890
Wednesday, April 1, 2020 - 4:15pm | 406Read More...EUR/USD Current Price: 1.0933 US data came in better than anticipated but triggered no market’s reaction. The COVID-19 pandemic maintained investor’s hunger for safety. EUR/USD bearish, nearing a Fibonacci support level at 1.0890. The EUR/USD pair has resumed its decline this...
-
EUR/USD Forecast: Losing Ground But Not Yet Bearish, 1.0990 Critical Support
Monday, March 30, 2020 - 4:33pm | 447Read More...EUR/USD Current Price: 1.1044 Uncertainty remains high amid the coronavirus pandemic, investors cautious. Manufacturing-related data in the US plummeted to record lows. EUR/USD losing ground but not yet bearish, 1.0990 critical support. The EUR/USD pair edged lower on Monday, as the...
-
EUR/USD Forecast: To Retain Its Bullish Stance As Long As It Holds Above A Key Fibonacci Level At 1.0960
Thursday, March 26, 2020 - 4:34pm | 500Read More...EUR/USD Current Price: 1.1040 Fed’s Chief Powell said that the central bank could expand easing if it’s necessary. US unemployment claims soared to record highs of 3.28 million in the week ended March 20. EUR/USD to retain its bullish stance as long as it holds above a key Fibonacci...
-
EUR/USD Forecast: Mildly Bullish, Extending Gains Above A Fibonacci Level At Around 1.0840
Wednesday, March 25, 2020 - 4:32pm | 452Read More...EUR/USD Current Price: 1.0868 Lawmakers worldwide announced measures to cope with the coronavirus crisis. Wall Street posted a second consecutive day of substantial gains. EUR/USD mildly bullish, extending gains above a Fibonacci level at around 1.0840. Things were quieter around the FX board...
-
EUR/USD Forecast: Peaked At 1.0887 But Settled Below 1.0800 With A Limited Bullish Potential
Tuesday, March 24, 2020 - 4:57pm | 464Read More...EUR/USD Current Price: 1.0746 European and US data indicated a steep contraction in March, particularly in the services sector. US Senators working on an agreement over a massive fiscal stimulus package. EUR/USD peaked at 1.0887 but settled below 1.0800 with a limited bullish potential. The EUR/...
















