EUR/USD Price Analysis: Price balancing on a tightrope over the abyss ahead of NFP
EUR/USD was sold off on Thursday as investors get set for the outcome of Friday’s key US event in Nonfarm Payrolls. US yields and the US dollar both r
Read More »What Is a Bear Trap and Why You Should Definitely Avoid It
Bear and bull traps are popular events in the financial market. They refer to sudden moves that entice traders to short and sell and then lead to another sudden reversal….
Read More »EUR/USD Price Analysis: Bulls eye 50-DMA around 1.0100 inside falling wedge
EUR/USD renews intraday high near 1.0030 during the four-day uptrend to Monday’s Asian session. The major currency pair’s latest run-up could be linke
Read More »EUR/USD retreats from parity ahead of ECB, Fed Chairman Powell’s speech
EUR/USD slips to 0.9990, after bouncing off a 19-year low the previous day, as the US dollar regains upside momentum amid a cautious mood ahead of the
Read More »Euro Price Forecast: Hawkish Powell Sees Reemergence of Central Bank Divergence Narrative for EUR/USD
EUR/USD goes into the week with markets knowing the Fed’s aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.
Read More »Société Générale see EUR/USD to as low as 0.95 next quarter
<p>An ICYMI EUR/USD view from SG:</p><ul><li>As oil prices rose in the run-up to the GFC, both European and US terms of trade suffered, but this time around, the relative effect…
Read More »Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.
Read More »EUR/USD Price Analysis: Seesaws around 1.0200 inside weekly bearish channel
EUR/USD retreats from 1.0200 while easing to 1.0190 during Friday’s mid-Asian session. In doing so, the major currency pair remains inside a weekly de
Read More »EUR/USD Forecast: Failure to Hold Above Parity Opens Up December 2002 Low
EUR/USD may fall towards the December 2002 low (0.9859) as the Relative Strength Index (RSI) sits in oversold territory.
Read More »EUR/USD Price Analysis: Bulls are moving in from the foundations of a solid bullish structure
EUR/USD is attempting to move higher in a risk-on start in Tokyo as the US dollar struggles to pick up demand on Tuesday. The pair is consolidating in
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