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EUR/USD Forecast: Could Extend Its Decline To 1.1065
Wednesday, December 18, 2019 - 4:24pm | 375Read More...EUR/USD Current Price: 1.1117 Investors dumped the high-yielding EUR, USD up despite limited self-strength. A scarce macroeconomic calendar and winter holidays keeping majors ranging. EUR/USD gains bearish traction, could extend its decline to 1.1065. The EUR/USD pair is finishing Wednesday in...
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EUR/USD Forecast: With The Risk Skewed To The Upside But Needs To Clear 1.1180
Tuesday, December 17, 2019 - 4:19pm | 411Read More...EUR/USD Current Price: 1.1149 Mixed US data failed to trigger relevant moves in USD crosses. Speculative interest eagerly waiting for details on the US-China trade deal. EUR/USD with the risk skewed to the upside but needs to clear 1.1180. The EUR/USD pair has extended its advance to 1.1174, a...
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EUR/USD Forecast: Downside Limited By 1.1065
Monday, December 16, 2019 - 4:45pm | 410Read More...EUR/USD Current Price: 1.1144 Risk sentiment underpinned the shared currency, but data prevent it from rallying. US manufacturing output and services activity holding to expansion territory. EUR/USD holding above 1.1100, downside limited by 1.1065. The EUR/USD pair edged marginally higher this...
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EUR/USD Forecast: Resting On A Former Relevant Resistance Level
Thursday, December 12, 2019 - 4:42pm | 477Read More...EUR/USD Current Price: 1.1106 Lagarde's debut as ECB’s President made it clear that she’s a politician. US President Trump tweeted a “big deal” is “very” close, lifting the dollar. EUR/USD resting on a former relevant resistance level, bearish only below 1....
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EUR/USD Forecast: Needs To Advance Beyond 1.1120 To Attract More Buyers
Tuesday, December 10, 2019 - 4:40pm | 420Read More...EUR/USD Current Price: 1.1096 German ZEW survey surprised to the upside, with business sentiment improving sharply in December. Concerns about the global trade situation keep markets in risk-off mode, dollar down. EUR/USD needs to advance beyond 1.1120 to attract more buyers. The EUR/USD pair...
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EUR/USD Forecast: Trade Uncertainty Sent The Dollar Down
Monday, December 2, 2019 - 5:07pm | 450Read More...EUR/USD Current Price: 1.1076 The US ISM Manufacturing Index plummeted to 48.1 in November, hurting the greenback. Trade uncertainty sent the dollar down, despite risk aversion took over the financial world. EUR/USD short-term bullish as long as it holds above the 1.1030 Fibonacci support. The...
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EUR/USD Forecast: Pressuring The 61.8% Retracement Of Its October Rally
Wednesday, November 27, 2019 - 4:31pm | 414Read More...EUR/USD Current Price: 1.1002 US Gross Domestic Product upwardly revised to 2.1% in the third quarter. Long Thanksgiving holiday in the US could see majors continue to trade range-bound. EUR/USD pressuring the 61.8% retracement of its October rally. The EUR/USD pair traded as low as 1.0991 this...
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EUR/USD Forecast: Holding Within Monday's Range
Tuesday, November 26, 2019 - 5:07pm | 374Read More...EUR/USD Current Price: 1.1021 US-Sino trade talks continue, but the market needs more than optimistic words. US Consumer Confidence fell modestly in November to 125.5, according to CB. EUR/USD holding within Monday’s range, risk skewed to the downside. Little happened around the EUR/USD...
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EUR/USD Forecast: The Short-Term Perspective Turns To The Downside
Thursday, November 21, 2019 - 6:14pm | 352Read More...EUR/USD comes under strong pressure amid a stronger dollar. The short-term perspective turns to the downside, but 1.1050 holds. The EUR/USD fell sharply during Thursday’s New York session as the dollar strengthened and US yields rose, as the United States and China trade negotiations...
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EUR/USD Forecast: Advances For The Fourth Day In A Row But Loses Upward Momentum
Tuesday, November 19, 2019 - 4:50pm | 348Read More...EUR/USD advances for the fourth day in a row but loses upward momentum. Skepticism surrounding US-China trade negotiations continued to weigh on the dollar. The EUR/USD pair has advanced slightly on Tuesday and is headed for its fourth daily gain in a row, as the dollar remains weak amid...
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EUR/USD Forecast: Reaches 11-Day High Amid Trade Deal Concerns
Monday, November 18, 2019 - 4:57pm | 361Read More...EUR/USD reaches 11-day high amid trade deal concerns. EUR/USD approaches 100-day SMA, key resistance level. EUR/USD advanced for the third day in a row on Monday and struck an 11-day high as the dollar came under further pressure amid reports that Chinese officials are pessimistic about a trade...
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EUR/USD Forecast: Upside Potential Remains Limited
Thursday, November 14, 2019 - 4:54pm | 410Read More...EUR/USD Current Price: 1.1025 EU’s and German’s GDP expanded modestly in the third quarter of the year. Dollar in trouble amid uncertainty surrounding the US-China trade relationship. EUR/USD bounces from 1.0990 price zone, upside potential remains limited. The EUR/USD pair has...
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EUR/USD Forecast: To Fall Further On A Break Below Next Fibonacci Support At 1.1030
Thursday, November 7, 2019 - 4:48pm | 414Read More...EUR/USD Current Price: 1.1052 EU Commission downgraded the Union’s growth forecasts for this year and the next. USD demand resurged amid Wall-Street hitting fresh all-time highs. EUR/USD to fall further on a break below next Fibonacci support at 1.1030. The EUR/USD pair fell to a fresh...
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EUR/USD Forecast: Pressuring Weekly Lows
Wednesday, November 6, 2019 - 4:47pm | 399Read More...EUR/USD Current Price: 1.1071 The EUR ticked higher with encouraging EU data but was unable to retain gains. The meeting between Trump and Xi Jinping could be delayed to December. EUR/USD faltered at around 1.1100, bearish short-term stance persists. The EUR/USD pair is heading into the Asian...
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EUR/USD: Downside Correction Likely Amid Brexit Concerns
Friday, October 18, 2019 - 11:24am | 526Read More...EUR/USD has been consolidating its gains above 1.11 amid Brexit speculation. Chinese data and Fed speeches are also in the mix. Friday's four-hour chart is pointing to overbought conditions. The Brexit deal swept the slow-moving euro off its feet – and may it is time for a reality...
















