EUR/USD (Euro to Dollar) Forecast, Page 1

The EUR/USD pair continued to be very choppy during trading this past week, using the 1.15 level as support and the 1.1850 level above as resistance. We ended up forming a bit of a hammer, and that of course is a bullish sign, but we also have a lot of

The Euro rallied after comments from President Trump that the EU and others were unfairly holding the value of their currency lower as the United States was raising interest rates. This had market participants a bit spooked, and it caused a spike in the value of the Euro. We reached

EUR/USDThe market initially rallied higher towards the 1.1650 level but rolled down to break through the 1.16 level in the Thursday’s session. Later in the day, it reclaimed the level to continue moving higher. If the market failed to cross above the 1.16 level then it would have unwinded rapidly

The dollar was on the defensive against the yen and euro early Friday after U.S. President Donald Trump expressed concern about the currency’s strength and the Federal Reserve’s interest rate increases. Trump said in an interview with CNBC on Thursday that a strong dollar puts the United States at a

The Euro has broken down during the trading session on Thursday as we continue to see a lot of negativity. I believe that the market will probably continue to see a lot of volatility, but I think that the market is almost hell-bent on reaching down towards the 1.15 level

The Euro is trading at its lowest level against the U.S. Dollar since June 29 on Thursday. The move is being fueled by rising U.S. Treasury yields which are making the dollar a more attractive investment.The catalyst behind the increase in yields are hawkish comments from U.S. Federal Reserve Chairman

USDJPY, after breaking major resistances, is having a very technical upswing. The price created a pennant and a wedge, the strong buy signal is ON.EURUSD is waiting for a breakout of the mid-term support, which can give us a 100 pips drop. Watch out for the long-term head and shoulders

EUR/USDThe pair rolled over significantly during the Wednesday’s session reaching down to 1.16 level as the USD continues to gain strength. With general risk-off attitude, the market is testing the key support level and if it breaks further, then next immediate support in the market will be at 1.1580 level.

The EUR/USD is mildly bid around 1.1650 but may surrender gains in European session. The upward movement that occured in early hours of Asian market session is result of investors across the globe booking profits on US greenback’s recent bull run. However the outlook for US dollar remains positive owing

Looking at the charts, you can see that we have most certainly seen a lot of selling pressure as of late. However, I do see some demand around the 1.16 level, so bounce could be coming. Otherwise, if we break down below the 1.1580 level, it’s likely that we will

The Euro is continuing to slide lower on Wednesday in reaction to Tuesday’s hawkish comments from U.S. Federal Reserve Chairman Jerome Powell about the strength of the U.S. economy and ahead of his second day of congressional testimony on Wednesday.Powell also downplayed the risks of an escalating trade conflict between

EUR/USDThe market rallied during the Tuesday’s session reaching towards the 1.1750 level before rolling over significantly to 1.17 level. The market in the present scenario is going to be extremely noisy as the Brexit negotiations and strength in USD will keep the market under pressure. In the longer term, the

The US Dollar regained positive traction on Tuesday and was further supported by the Fed Chair Jerome Powell’s upbeat outlook for the US economy. Powell’s comments suggested that uncertainty over trade policy will not prevent the Fed from raising interest rates further and provided a strong boost to the greenback.

The Euro rallied initially during the day on Tuesday, reaching towards 1.1750 level before rolling over and slamming into the 1.700 level underneath, an area that was where we started during the day. I think that the market should continue to be very noisy, as we have the negotiations with

The Euro is trading lower against the U.S. Dollar after giving back all of its earlier gains. We could be looking at position-squaring ahead of the congressional testimony of U.S. Federal Reserve Chairman Jerome Powell at 1400 GMT.At 1200 GMT, the EUR/USD is trading 1.1704, down 0.0006 or -0.05%.Daily Technical

EUR/USDSuccessful U-turn from three-week long ascending trend-line seems presently propelling the EURUSD moves towards another TL, which together form a symmetrical triangle formation between the 1.1625 and the 1.1770. Should prices manage to defy the triangle pattern by conquering 1.1770 resistance, the 1.1835-40 horizontal-region may gain buyers’ attention. Moreover, pair’s

EUR/USDThe market started the week with a bullish note, as the pair broke above the 1.17 level, reaching towards 1.1725 level. The market witnessed some pullback at the end of the session, but that was expected after the significant rally. The 1.1675 level underneath is going to provide immediate support

The US Dollar weakened further at the start of a new trading week, helping the EUR/USD pair to build on last week’s goodish rebound from two-week lows. The greenback did get a minor lift following the release of US economic data – monthly retail sales and Empire State manufacturing index,

The EUR/USD pair has initially rallied during the trading session on Monday, reaching towards 1.1725 level. We did see a bit of a pushback at that point, as there was a significant amount of money flowing into the market to the downside from that level last week. It looks as

The Euro is trading higher on Monday, shortly before the U.S. opening. The single-currency is following through to the upside, following Friday’s closing price reversal bottom and subsequent confirmation earlier today. This could trigger a minimum 2 to 3 day rally.At 0921 GMT, the EUR/USD is trading 1.1700, up 0.0013