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EUR/USD Forecast: Consolidating At Highs, The Risk Remains Skewed To The Upside
Tuesday, October 6, 2020 - 5:39pm | 503Read More...EUR/USD Current Price: 1.1750 ECB’s President Lagarde expressed concerns about the Union’s economic recovery. US leaders continue to discuss a fiscal stimulus package, little progress made. EUR/USD is consolidating at highs, the risk remains skewed to the upside. The EUR/USD pair...
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EUR/USD Forecast: Trading At Fresh Two-Week Highs And Poised To Extend Its Advance
Monday, October 5, 2020 - 5:36pm | 473Read More...EUR/USD Current Price: 1.1776 US President Trump to return to the White House amid improving medical condition. The US ISM Services PMI surged to 57.8 in September, beating the 56.2 expected. EUR/USD is trading at fresh two-week highs and poised to extend its advance. The EUR/USD pair ...
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EUR/USD Forecast: Mildly Positive In The Short-Term But Holding Below A Critical Fibonacci Level
Thursday, October 1, 2020 - 4:35pm | 564Read More...EUR/USD Current Price: 1.1743 US politics continue to discuss an aid package but remain apart, according to House Pelosi. The focus nos shifts to the September US Nonfarm Payroll report. EUR/USD mildly positive in the short-term but holding below a critical Fibonacci level. Currencies were quite...
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EUR/USD Forecast: Offering An Increased Bearish Potential In The Short-Term
Wednesday, September 30, 2020 - 5:29pm | 566Read More...EUR/USD Current Price: 1.1714 The first US presidential debate resulted quite disappointing for speculative interest. Increased hopes for a US coronavirus aid package boosted the sentiment by the end of the day. EUR/USD is offering an increased bearish potential in the short-term. The risk...
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EUR/USD Forecast: Retains Its Longer-Term Bearish Potential After A Modest Daily Advance
Monday, September 28, 2020 - 4:39pm | 465Read More...EUR/USD Current Price: 1.1663 Demand for the greenback receded on a better market’s mood. ECB’s Lagarde said policymakers are monitoring FX movements. EUR/USD retains its longer-term bearish potential after a modest daily advance. The EUR/USD pair advanced this Monday, as optimism...
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EUR/USD Forecast: Maintains Its Bearish Stance Despite Paring The Weekly Slump
Thursday, September 24, 2020 - 4:16pm | 451Read More...EUR/USD Current Price: 1.1670 Softer-than-expected data confirmed a slowing pace of economic recovery. US Durable Goods Orders are seen advancing a modest 1.5% in August. EUR/USD maintains its bearish stance despite paring the weekly slump. The EUR/USD is ending Thursday with modest gains around...
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EUR/USD Forecast: Trading Near A Fresh Two-Month Low And Poised To Extend The Slump
Wednesday, September 23, 2020 - 4:27pm | 494Read More...EUR/USD Current Price: 1.1657 Fed’s chief Powell urged Congress for fiscal support in his second day of testimony. Markit preliminary September PMIs showed slowing business activity mainly in the services sector. EUR/USD is trading near a fresh two-month low and poised to extend the slump...
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EUR/USD Forecast: Trading At Fresh Two-Month Lows And Still Biased Lower
Tuesday, September 22, 2020 - 5:20pm | 429Read More...EUR/USD Current Price: 1.1705 The shared currency remained under pressure amid concerns about economic growth. US Federal Reserve’s Powell said the US economy remains resilient throughout the crisis. EUR/USD is trading at fresh two-month lows and still biased lower. The EUR/USD pair ...
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EUR/USD Forecast: Risk Remains Skewed To The Downside
Thursday, September 17, 2020 - 4:43pm | 468Read More...EUR/USD Current Price: 1.1842 Softer than expected US data weighed on the greenback, despite the mood remained sour. The US will publish this Friday the September Michigan Consumer Sentiment Index. EUR/USD bounced from a fresh one-month low, but the risk remains skewed to the downside. The EUR/...
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EUR/USD Forecast: Turned Bearish In The Short-Term And Could Retest The 1.1750 Price Zone
Wednesday, September 16, 2020 - 5:01pm | 500Read More...EUR/USD Current Price: 1.1800 US Retail Sales missed expectations, spurring speculation about the country’s economic health. The Federal Reserve left the monetary policy unchanged, positively review growth figures. EUR/USD turned bearish in the short-term and could retest the 1.1750 price...
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EUR/USD Forecast: Technically Neutral Ahead At Around 1.1850, Still Needs To Beat 1.1915
Tuesday, September 15, 2020 - 4:24pm | 468Read More...EUR/USD Current Price: 1.1848 Market players are waiting for the US Federal Reserve monetary policy decision. The German ZEW survey showed that Economic Sentiment improved in September. EUR/USD is technically neutral ahead at around 1.1850, still needs to beat 1.1915. The EUR/USD pair surged to...
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EUR/USD Forecast: Posted Modest Intraday Gains, The Downside Seems Limited At This Point
Monday, September 14, 2020 - 4:32pm | 446Read More...EUR/USD Current Price: 1.1866 The market’s sentiment was positive with a pinch of caution ahead of the Fed. German ZEW Survey is likely to show Economic Sentiment worsened in September. EUR/USD posted modest intraday gains, the downside seems limited at this point. The EUR/USD pair ...
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EUR/USD Forecast: Capped By Relevant Fibonacci Resistance Level At 1.1850
Thursday, September 10, 2020 - 4:28pm | 496Read More...EUR/USD Current Price: 1.1820 ECB left its monetary policy unchanged, policymakers not concerned about the exchange rate. Dollar strengthened as Wall Street resumed its slump on local woes. EUR/USD capped by relevant Fibonacci resistance level at 1.1850. The EUR/USD pair soared this...
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EUR/USD Forecast: Could Extend Its Decline Sub-1.1700 If The Recovery Keeps Stalling Ahead Of 1.1840
Wednesday, September 9, 2020 - 4:18pm | 465Read More...EUR/USD Current Price: 1.1805 ECB policymakers are confident about economic recovery ahead of the central bank meeting. Equities ended the day with substantial gains, providing further support to the shared currency. EUR/USD could extend its decline sub-1.1700 if the recovery keeps stalling ahead...
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EUR/USD Forecast: Could Accelerate South Once Below 1.1760
Tuesday, September 8, 2020 - 5:12pm | 458Read More...EUR/USD Current Price: 1.1777 EU Q2 Gross Domestic Product confirmed at -11.8%, better than the -12.1% previous. The US Congress remains far away in a coronavirus aid package. EUR/USD fell for a third consecutive day, could accelerate south once below 1.1760. The EUR/USD pair fell to 1.1765...
















