Markets

EUR/USD (Euro to Dollar) Forecast

1.0754
06:21:49(GMT)
0.0043
(0.4%)*Daily Change
Colin First
3 hours ago

EUR/USD Daily Fundamental Forecast – January 23, 2017

EURUSD has gained over the last couple of days mainly on the back of the weakness in the dollar. The euro seems to have made full use of this weakness and has now burst through 1.0700 and continues to look good for more. There has been no specific reason for the weakness in the dollar. … Continue reading EUR/USD Daily Fundamental Forecast – January 23, 2017

Christopher Lewis
2 days ago

EUR/USD forecast for the week of January 23, 2017, Technical Analysis

The EUR/USD pair had a slightly positive week, but remains below the massive resistance at the 1.0750 level above. Some type of exhaustive candle should be and I selling opportunity, but quite frankly I believe that it’s going to be a marketplace is can be easier to trade off shorter-term charts, at least at the … Continue reading EUR/USD forecast for the week of January 23, 2017, Technical Analysis

Christopher Lewis
2 days ago

EUR/USD Forecast January 23, 2017, Technical Analysis

The EUR/USD pair initially fell on Friday, but found enough support near the 50-day exponential moving average to turn around and formed a hammer. There is a massive amount of resistance at the 1.0750 level, so I think that it’s a bit too much for the market to overcome and the short-term, so I’m waiting … Continue reading EUR/USD Forecast January 23, 2017, Technical Analysis

Colin First
2 days ago

EUR/USD Fundamental Analysis – week of January 23, 2017

It should be an interesting and volatile week ahead for the EURUSD as the Trump administration has taken charge in the US and as a first measure, sought to repeal Obamacare. It remains to be seen on what campaign promises they are going to follow through upon and whether any changes that are going to … Continue reading EUR/USD Fundamental Analysis – week of January 23, 2017

David Becker
2 days ago

EUR/USD Prediction for January 23, 2017

The EUR/USD moved higher following stronger than expected German PPI and following the Inauguration of U.S. President Donald Trump.  Support on the currency pair remains near the 10-day moving average at 1.0625.  The exchange rate is attempting to form a bottom.  Resistance is seen near the December highs at 1.0855.  The RSI was unable to … Continue reading EUR/USD Prediction for January 23, 2017

James Hyerczyk
3 days ago

EUR/USD Mid-Session Technical Analysis for January 20, 2017

The EUR/USD is trading lower at the mid-session. Earlier in the session, short-covering drove the market higher than yesterday’s high, but that rally failed at 1.0693 and the market proceeded to turn lower for the session. Yesterday, dovish comments from European Central Bank President Mario Draghi drove the Euro lower as well as solid economic … Continue reading EUR/USD Mid-Session Technical Analysis for January 20, 2017

Colin First
3 days ago

EUR/USD Daily Fundamental Forecast – January 20, 2017

EURUSD had an up and down day yesterday as it crashed below 1.0600 for a brief while but then clawed all the way back up towards the end of the day and continues to trade near the highs of its range as of this writing. The euro has shown some remarkable resilience since the start … Continue reading EUR/USD Daily Fundamental Forecast – January 20, 2017

Christopher Lewis
3 days ago

EUR/USD Forecast January 20, 2017, Technical Analysis

The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to show signs of weakness. The 50-day exponential moving average is now looking to offer resistance, this being the case, the market will then probably drop down to the 1.05 level. Ultimately, I believe that the US dollar will continue … Continue reading EUR/USD Forecast January 20, 2017, Technical Analysis

David Becker
3 days ago

EUR/USD Prediction for January 20, 2017

The EUR/USD whipsawed first moving higher but then dropping following the ECB’s decision to keep rates unchanged an overlook increasing inflation expectations.  The exchange rate bounced off support near the 10-day moving average at 1.0607.  Resistance is seen near the December highs at 1.0873.  Stronger than expected U.S. data which included stronger than expected housing … Continue reading EUR/USD Prediction for January 20, 2017

James Hyerczyk
4 days ago

EUR/USD Mid-Session Technical Analysis for January 19, 2017

The EUR/USD is trading a little higher at the mid-session and ahead of the European Central Bank announcement. Yesterday, the Euro plunged after Fed Chair Janet Yellen hinted about a number of interest rate hikes in 2017. The U.S. also reported sold consumer inflation figures on Wednesday. Technical Analysis The main trend is up according … Continue reading EUR/USD Mid-Session Technical Analysis for January 19, 2017

Christopher Lewis
4 days ago

EUR/USD Forecast January 19, 2017, Technical Analysis

The EUR/USD pair initially fell during the day on Wednesday, testing the 50-day exponential moving average. By doing so, looks as if we are going to try to reach towards 1.0750 level above, which I think is significant resistance. Alternately, if we can break down below the moving average, I think the market will continue … Continue reading EUR/USD Forecast January 19, 2017, Technical Analysis

Colin First
4 days ago

EUR/USD Daily Fundamental Forecast – January 19, 2017

Yesterday, we saw the dollar finally gain back some of its strength on the back of some good economic data and also due to some fundamental changes that occurred in the market during the course of the day. We had been expecting this return to strength of the US dollar and we always believed that … Continue reading EUR/USD Daily Fundamental Forecast – January 19, 2017

David Becker
4 days ago

EUR/USD Prediction for January 19, 2017

The EUR/USD edged lower on Wednesday as the dollar recovered some of its losses following the Trump comments on Tuesday and after a slightly better than expected consumer price index.  Support on the currency pair is seen near the 10-day moving average at 1.0607.  Resistance is seen near the December highs at 1.0873.  Prices formed … Continue reading EUR/USD Prediction for January 19, 2017

James Hyerczyk
5 days ago

EUR/USD Mid-Session Technical Analysis for January 18, 2017

The EUR/USD is trading lower at the mid-session. The Forex pair is also trading inside yesterday’s range, suggesting investor indecision and impending volatility. The volatility could come with the release of U.S. consumer inflation data at 1330 GMT. The monthly report is expected to show an increase of 0.3%. Annualized, this would mean that the … Continue reading EUR/USD Mid-Session Technical Analysis for January 18, 2017

Anil Panchal
5 days ago

Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

EUR/USD While short-term ascending trend-channel indicates additional upside of the EURUSD, pair’s inability to surpass 1.0700 signal brighter chances of its pullback to 1.0630 nearby support. However, 50-day SMA figure of 1.0590 and the 23.6% Fibonacci Retracement of its August 2016 – January 2017 dip, at 1.0580, become important supports for traders to watch if … Continue reading Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

Colin First
5 days ago

EUR/USD Daily Fundamental Forecast – January 18, 2017

It was all about the pound and the dollar yesterday as the pound strengthened across the board and the dollar weakened all across the board as well. This combination rubbed off on the euro as well and helped to give a much needed boost to the euro as the pair finally broke through the 1.0600 … Continue reading EUR/USD Daily Fundamental Forecast – January 18, 2017

Christopher Lewis
5 days ago

EUR/USD Forecast January 18, 2017, Technical Analysis

The EUR/USD pair rallied on Tuesday, as we reach towards the 1.07 level. There is quite a bit of resistance all the way to the 1.0750 handle, so I’m not ready to start buying just yet. I believe some type of exhaustive candle in this general region could be yet another sell signal. Ultimately, I … Continue reading EUR/USD Forecast January 18, 2017, Technical Analysis

David Becker
5 days ago

EUR/USD Prediction for January 18, 2017

The EUR/USD surged following an interview with Donald Trump by the WSJ were the President Elect relayed his displeasure with the recent strength of the U.S. dollar. He went on to say that he though the Chinese were holding their currency down which was why the greenback was elevated. A stronger than expected German ZEW … Continue reading EUR/USD Prediction for January 18, 2017

James Hyerczyk
6 days ago

EUR/USD Mid-Session Technical Analysis for January 17, 2017

The EUR/USD is trading higher at the mid-session. After finding support early in the session near a 50% level for a fourth day, buyers came in to generate enough upside momentum to take out the 61.8% or Fibonacci level. The catalyst behind the move is greater demand for lower-yielding assets ahead of a speech over … Continue reading EUR/USD Mid-Session Technical Analysis for January 17, 2017

Christopher Lewis
6 days ago

EUR/USD Forecast January 17, 2017, Technical Analysis

The EUR rallied during the day on Monday, but found enough resistance at the 50-day exponential moving average to turn around and form a less than spectacular candle. I believe that the market is going to continue to drop from here, perhaps reaching towards the 1.05 level. That area should be supportive, but I think … Continue reading EUR/USD Forecast January 17, 2017, Technical Analysis

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