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).

Read More »

EUR/USD Price Analysis: Euro may be eyeing reversal lower

EUR/USD’s two weeks of indecisive price action may presage a short-term bearish reversal. The pair formed a second consecutive Doji candle on the week

Read More »

EUR/USD Breaking Down, TikTok Ban Averted. Biden Leads Trump in Polls

EUR/USD selloff may accelerate as the pair break key support. TikTok ban was averted but Sino-US tech tension lingers as the Biden-Trump spreads widens.

Read More »

ForexLive Asia FX news wrap: Minor FX moves, small net change

Forex news for Asia trading Friday 18 September 2020  There was little of impact during the session here today, both news and data flow failed to generate much interest. An…

Read More »

Euro Forecast: EUR/USD Set Fair to Reach Highest Levels Since Spring 2018

If ECB President Christine Lagarde was hoping to curb the strength of EUR/USD last week, she failed. Instead, the pair is now well placed to reach new two-year highs above…

Read More »

EUR/USD settles in the middle of the consolidation range post ECB and in anticipation of the FOMC

EUR/USD has had an interesting week, to say the least. There have been Brexit woes to deal with but the pair managed to hold up after the ECB meeting.

Read More »