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Forecasts & Analysis | EUR/USD, Page 2
US Dollar Losses are Extended, but Momentum Stalls in the European Morning
US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week’s 3.6% slide.
EUR/USD Daily Forecast – Euro Battles Resistance From Late April Highs
EUR/USD shows strength in the early day although the pair faces resistance from an area that triggered a notable turn in late April.
The EU’s 750bn EUR Recovery Fund Proposal aims to Balance Loans, Grants and own Resources
The European Commission (EC)’s ambitious proposal is a critical step in the right direction to contribute to an even and sustainable economic recovery across the EU-27. Still, major hurdles lie ahead, and various open questions remain.
EUR/USD Bullish Impulse Aiming at 1.1250 Fib Confluence
EUR/USD is showing strong bullish momentum after breaking the resistance zone (dotte orange). A bullish ABC pattern is taking place. Price could aim for 1.11280.
EUR/USD Mid-Session Technical Analysis for May 29, 2020
The direction of the EUR/USD the rest of the session on Friday is likely to be determined by trader reaction to the main 50% level at 1.1066.
EUR/USD Weekly Price Forecast – The Euro Explodes to The Upside
The Euro exploded to the upside during the week, breaking above the 1.11 level. However, we are reaching some significant resistance just above.
EUR/USD Price Forecast – Euro Continues to Press Higher
Euro has exploded to the upside based upon the idea that Germany is going to underwrite all of the debts of other economies in the EU through these shared bonds.
EUR/USD Daily Forecast: Euro Continues Highers While Dollar Index Falls to 9-Week Low
EUR/USD is seen approaching highs not seen since late March as the dollar continues to tumble.
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