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

The EUR/USD pair peaked at a fresh weekly high of 1.1620 yesterday, but once again, was unable to hold on to gains above the 1.1600 figure, settling a few pips below the level at the end of the US session. The dollar remained weak amid a better market mood, which

The Euro has been rather choppy during trading on Tuesday, hanging about the 1.16 level. This is a market that is moving upon Brexit headlines and of course concerns about the Italian debt situation. That’s a situation that has not gone anywhere, and I think at this point it’s only

The Euro is trading lower on Tuesday, but inside yesterday’s and Friday’s range. This tends to indicate investor indecision and impending volatility. The currency is trading inside a pair of retracement zones, which is adding further to the possibility of another session of sideways trading.At 0103 GMT, the EUR/USD is

EUR/USDEven after recovering from 1.1430-25 support-zone, the EURUSD has to surpass 100-day SMA level of 1.1630 in order to justify its strength in targeting the seven-month long descending resistance-line, around 1.1730. Should prices rally beyond 1.1730 on a daily closing basis, the 1.1810 & 1.1850 are likely intermediate halts that

EUR/USDThe initially gapped lower during the Monday’s session in a bit of risk-off move, but then started to rally higher as American came on board. The 1.16 level is continuing to offer a bit of resistance to the pair and if it breaks higher then it next major stop for

The EUR/USD may feel the pull of gravity in European market hours as the Italy-German yield differential may rise in the EUR-negative manner, courtesy of Italy’s expansionary fiscal policy. Italy’s government approved a draft budget law in later hours on Monday, under which the budget deficit is set to widen

The Euro initially gapped lower in a bit of a “risk off” move to kick off the week, but by the time the Americans came on board we had not only fill that gap, but we started to threaten the 1.16 level. If we can break above that handle, then

Despite increasing global tensions, the Euro is trading higher against the U.S. Dollar early Monday. Traders are watching the vote on the Italian government’s annual budget, which the cabinet is due to approve later today. The Euro is trading firm despite Friday’s potentially bearish chart pattern. Traders are also keeping

The EUR/USD has formed an ascending trend line that is holding the trend in place. The POC zone 1.1560-70 could show fresh buyers for the pair.If we see a bounce from the zone, that will be a cue that the trend is still intact. 1.1530 needs to hold as below

EUR/USDThe Euro rallied significantly during the early session of Friday but pulled back only to find support underneath. The 1.15 level is a strong psychological support underneath and will attract a lot of value traders to send this market higher towards the 1.16 level. The Italian debt crisis is still

The EURUSD pair continues to trade in a slow and steady manner as the attention on the dollar and its inability to gain in strength slowly begin to become the talk of the market. The dollar has been able to make some decent gains since the beginning of the year

The Euro went back and forth during the week, showing signs of choppiness and sideways trading. The 1.15 level underneath should offer plenty of interest from the buyers, and I think that we will see this market eventually trying to recapture the previous sideways action. The 1.18 level above should

The Euro broke down during the trading session in North America, but as you can see we have plenty of support just underneath. I think at this point it’s likely that the 1.15 level underneath is of course going to be psychologically important, and we have seen a massive pickup

The Euro is pulling back on Friday after hitting its highest level since October 1 earlier in the session. The move suggests that sellers have retaken control. A pre-session recovery in U.S. equity futures markets is helping to make the U.S. Dollar a more attractive investment.At 1108 GMT, the EUR/USD

EUR/USDThe Euro rallied during the Thursday’s session on the back of weak US CPI data reaching towards the 1.16 level, which is offering a bit of resistance. The market is likely to get choppy around this region and in case of a pullback, the 1.1550 level will be offering a

The EUR/USD pair peaked rose to 1.1590 ahead of US data release yesterday, its highest since October 3, as speculative interest rushed away from the greenback.  Meanwhile renewed trade tensions, another round of US President Trump criticism on Fed’s tightening path and nose-diving equities resulted in dollar’s weakness extending across

The Euro initially tried to rally during the early session in America as the CPI figures were very soft, but you can see that the market has given back quite a bit of the gains. If that’s going to continue to be the case, we could fall back towards the

The Euro is trading higher shortly before the U.S. opening. A weaker U.S. Dollar is contributing to the move. Flight-to-safety buying of Treasurys is driving down yields; this is helping to make the dollar a less attractive investment.At 1014 GMT, the EUR/USD is at 1.1561, up 0.0042 or 0.38%. Optimism

EURUSD did exactly what was expected – created a right shoulder of the iH&S pattern, broke the neckline and went higher. It all started with the false breakout from the descending triangle (yellow color). The sentiment is back into a positive one and will stay this way, as long as

The EURUSD pair staged a splendid bull run on Wednesday reclaiming 1.15 handle and reaching as high as 1.1543 as trade war topics return to main focus of global investors. The dollar came under selling pressure amid comments from US Treasury Secretary Steven Mnuchin who said that China shouldn’t weaken