USD Price Outlook: US Dollar Volatility to Take Cue from EUR & GBP
USD price action traded mixed throughout Wednesday with the DXY Index gaining a mere 0.1% on balance as the US Dollar strengthened against the Euro but weakened relative to the…
Read More »EUR/USD Price Analysis: Bulls continue to defend 1.21
EUR/USD continues to hold the psychological support of 1.21 for the third straight day despite the dovish European Central Bank (ECB) expectations. Wi
Read More »EUR/USD Price Analysis: Refreshes three-month high towards 1.2000, battles triangle resistance
EUR/USD steps back from the multi-day high while declining to 1.1964 during Monday’s Asian session. The pair rose to the highest in three months befor
Read More »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.
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