Euro Forecast: EUR/USD May Extend Last Week's Losses
The falls in EUR/USD early last week came as a surprise to many analysts, but an extension of those declines this week would be no shock as easier Eurozone monetary…
Read More »EUR/USD Price Analysis: 100-HMA restricts immediate downside above 1.1800
EUR/USD stays depressed in a choppy range above 1.1800, currently around 1.1810, during the early Tuesday. The pair surged to the fresh high since Sep
Read More »EUR/USD Price Analysis: Inches closer to September low above 1.1600
EUR/USD drops to 1.1638, the fresh low since September 28, during the early Monday. In doing so, the major currency pair respects Friday’s closing bel
Read More »Euro Forecast: EUR/USD Outlook Bleak if 1.16 Support Breaks
A steep fall in EUR/USD is on the cards if strong support at 1.16 breaks after last week’s strong hint by the ECB that it’s planning still more stimulus for…
Read More »EUR/USD Price Analysis: 61.8% Fib hurdle is again capping gains
The EUR/USD bulls are having a tough time breaching a key Fibonacci hurdle for the fourth straight trading day. The pair is currently trading largely
Read More »EUR/USD May Challenge 2-Year Resistance. Fiscal Talks Making Headway
EUR/USD may challenge a key resistance zone as fiscal talks show signs of progress ahead of the final presidential debate.
Read More »Euro Forecast: EUR/USD Outlook Murky Ahead of Crucial EU Summit
EUR/USD and EUR/GBP can be expected to tread water ahead of the European Council meting that starts Thursday and will discuss both the Covid-19 pandemic and EU-UK relations post Brexit.
Read More »EUR/USD Outlook Unfazed by FOMC Minutes as Risk Appetite Improves
EUR/USD appears to be unfazed by the Federal Open Market Committee (FOMC) Minutes even though the central bank warns of a protracted recovery.
Read More »Euro Forecast: EUR/USD Outlook Bearish Near Term, Bullish Long Term
EUR/USD is no longer oversold after its bounce last week and an extension of its previous decline now seems likely short term. However, the outlook longer term is more positive.
Read More »EUR/USD Bullish Price Sequence Pushes RSI Towards Trendline Resistance
The Relative Strength Index (RSI) may offer a bullish signal for EUR/USD as it reverses ahead of oversold territory and approaches trendline resistance.
Read More »