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

The Euro initially fell during the trading session on Monday, but then turned around to reach towards the 1.1450 level. There is a lot of noise between here and the 1.15 handle, an area that of course will have a lot of psychological resistance built in, as well as structural

The Euro is trading higher shortly before the U.S. market opening. The single-currency is being supported by a weaker U.S. Dollar. The dollar is under pressure due to the growing view that U.S. economic growth may have peaked. Additionally, dovish Fed comments on Friday are encouraging dollar investors to pare

EUR/USDThe Euro continued to struggle around the 1.14 region on the Friday’s session, with a back and forth momentum. The region above the 1.14 level has become significantly resistive and all the negative headlines related to Brexit and Fed raising interest rates will keep the market under pressure. There is

The EUR/USD pair on Friday moved back above 1.14 handle as news hit market that US President Trump mentioned China wants to make a trade deal. While Trump mentioned that the deal between US & China hasn’t reached an acceptable level, US Government will not impost any new tariff’s upon

On Monday, the EURUSD pair declined below the previous swing lows of 1.13 and created new lows, which according to the technical analysis definition, confirmed the long-term downward trend and set the 1.10 level as the new target for bears. Again, according to technical analysis theory, the next rally might

The Euro initially fell during the week but found enough support near the 1.12 level to turn around and bounce significantly. On Friday, we reached towards the 1.14 handle, giving us an opportunity to form a bit of a hammer. This goes in direct competition with the shooting star or

The Euro initially tried to rally during the trading session on Friday but gave back gains almost immediately as we are getting ready to head into the weekend and of course most traders won’t want to have a bunch risk on going into the weekend as we continue to have

The Euro is trading nearly flat after giving up earlier gains. The single-currency was supported early after reports out of Italy said that Italian Prime Minister Giuseppe Conte was looking to work with the EU over his government’s 2019 budget, which was rejected by Brussels earlier in the week. Concerns

EUR/USDThe pair initially rallied during the Thursday’s session but found enough resistance around the 1.1350 level to roll back and break below the 1.13 level. The market is thrown off the track by recent Brexit headlines, Italian debt crisis situation and Fed raising the interest rates. If the market breaks

EUR/USD was trodden down overnight over Brexit turmoil with UK ministers quitting their positions in protest to PM May’s negotiated deal with the EU that effectively does not meet the UK’s electorate’s vote. The threat of a challenge to PM May’s authority plunges European politics into higher levels of uncertainty. 

The Euro has tried to rally during the trading session on Thursday but gave back quite a bit of the gains near the 1.1350 level to rollover and break below the 1.13 level again. This market continues to be thrown around due to the Brexit and all of the conflicting

The Euro is trading flat after posting a two-sided trade earlier in the session. The single currency was underpinned shortly after the opening as tensions eased over Brexit. However, the currency gave up its earlier gains after the sudden resignation of British Brexit minister Dominic Raab. The event leaves UK

EUR/USDThe pair continued to witness extreme volatility, initially pulling back a bit in the Wednesday’s session but then turned around to break above the 1.13 level, showing resiliency around the major levels. The market has not fully recovered from the bearish trend, and short-term rallies will offer a great selling

The recovery rally in the EUR/USD gathered pace in Asian market session as the US treasury yields remained unchanged near monthly lows despite upbeat comments from Fed’s Powell. The US 10-yr treasury yields initially rose from 3.13% to 3.16% but dropped during the NY afternoon to 3.09% on Wednesday. The

The Euro pulled back a bit during the trading session on Wednesday, but then turned around of form a hammer at the 1.13 level. By doing so, the market shows that there is a lot of resiliency underneath that major figure, and at this point I think we’re probably going

The Euro is trading lower against the U.S. Dollar on Wednesday after an early session rally failed to draw in enough buyers to sustain the rally. The single currency rose on the news the U.K. and European Union have reached a provisional agreement over Brexit. The initial reaction to the

Hi traders,The EUR/USD has bounced from M L3 Camarilla & 0/8 MM confluence zone to test 1.1300 major order block. The pair is at the crossroads.1.1300 is the major decision zone for the EUR/USD. Based on IP patterns and technical research, this is either make it or break it. Sustained

EURUSD is currently testing the broken 1.13 psychological support as a closest resistance. This movement is quite typical for the forex market and is a normal type of a price action. The first contact with the resistance resulted with a bounce but it looks like buyers will try one more

EUR/USDGiven the EURUSD’s extended downturn beneath 1.1300-1.1285 support-area, comprising 200-week SMA, the pair is likely to avail the 1.1120 and the 1.1020 rest-points prior to meeting the 1.1000 round-figure. In case the pair continue trading southwards past-1.1000, the 1.0835-25 and the 1.0770 may entertain the Bears. Alternatively, a D1 close

The Euro rallied a bit during the trading session on Tuesday, bouncing towards the 1.3 level which of course had been major support. That’s an area that should be resistance going forward, and even if we break above there I think there is high likelihood that we will see a