Euro Forecast: EUR/USD Outlook Still Bright After Six Weeks of Gains
EUR/USD has now gained ground for six successive weeks, taking it back to levels last seen in 2018, and there is still no sign of its advance tiring.
Read More »FX markets end the week with some dollar weakness across the board
The EUR/USD weekly chart is coming up to a massive resistance zone. This is not the only FX pair moving to a major level as the other charts in the…
Read More »Euro Forecast: Outlook for EUR/USD Still Positive But Beware Profit-Taking
Having broken above the 1.15 level, EUR/USD is well placed to challenge the 1.1621 high reached in October 2018. However, a pullback is possible first after the pair’s recent strong…
Read More »EUR/USD Price Analysis: Probes Friday’s high, bullish breakout on weekly chart
EUR/USD has printed its first weekly close above key average in over a year. The breakout looks to have opened the doors for 1.15. EUR/USD is better
Read More »Euro Forecast: Outlook for EUR/USD Positive After ECB and EU Summit
The week ahead is looking quieter but positive for EUR/USD and the Euro crosses after a busy few days that included both Thursday’s ECB meeting and the weekend EU Summit.
Read More »EUR/USD Price Analysis: 200-week MA is a stiff resistance
EUR/USD bulls need a break above the 200-week SMA. The average has been capping gains since the end of May. EUR/USD is trading near 1.1310 at press t
Read More »Here’s a EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week
The European Central Bank meet this week, preview below. – Meeting Thursday 16 July 2020 – Policy announcement at 1145GMT (policy likely unchanged) Euro forecast via Danske (this from late…
Read More »Euro Forecast: EUR/USD to Find Direction from ECB and EU Summit
Two major events will dominate Euro trading in the coming week: an ECB meeting on Eurozone monetary policy, followed by an EU summit to reach agreement on a recovery fund.
Read More »EUR/USD Price Analysis: Bear flag breakdown on 15-min chart
EUR/USD looks south with the 15-minute chart reporting a bear flag breakdown. That bearish continuation pattern has opened the doors for a drop to 1.1
Read More »Euro Forecast: Choppy Trading Likely in EUR/USD on Quarter-End Flows
The coming week sees the start of a new month and a new quarter, when portfolio rebalancing could result in turbulent trading in major assets, including EUR/USD and the Euro…
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