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 »EUR/USD Price Analysis: Breaks below 1.17, head-and-shoulders breakdown confirmed
EUR/USD is currently trading below 1.17, having declined from 1.1773 to 1.1690 on Tuesday. Notably, the pair closed well below 1.1770 on Tuesday, conf
Read More »USD, GBP, EUR Volatility Ahead of Cross-Continental Geopolitical Risks
The US Dollar, British Pound and Euro will all be closely watching key geopolitical developments in North America (Powell testimony), the UK (Brexit talks) and Europe (EU summit).
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