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

The Euro continues to drift during the trading session on Wednesday, falling slightly in early trading. However, there is significant support underneath and it looks as if we continue to try to form some type of “rounded bottom.”

Based on the early price action, the direction of the EUR/USD is likely to be determined by trader reaction to a pair of Gann angles at 1.1399 and 1.1410. Basically, look for an upside bias to develop on a sustained move over 1.1410, and for the downside bias to continue

EUR/USDHaving failed to sustain 100-day SMA breakout, the EURUSD now rests around 50-day SMA level of 1.1380, breaking which nine-week old support-line, at 1.1320, and the 1.1260 can reappear on the chart. In case prices continue declining under 1.1260, the 1.1215 and the 61.8% FE level of 1.1080 may gain

EUR/USDThe Euro was a bit negative during the Tuesday’s session, breaking below the 1.1450 level to reach the supportive 1.14 level. The 200 Day EMA is offering a significant resistance and until it breaks above that, the pair will continue to witness selling pressure on each and every rally. There

EURO which suffered strong declines yesterday continues to trade slightly above weekly lows as bears continue to pressure EURO post Draghi’s speech yesterday.

The Euro continues to bounce around during the day on Tuesday, slicing through the 1.1450 level, but found support at the 1.14 handle. Currently, the one thing that we are paying attention to is the potential “rounded bottom” that has been formed over the last couple of months.

Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the downtrending Gann angle at 1.1450 and the Fibonacci level at 1.1409.

Hi traders,The EUR/USD has made a spike towards upper 1.1560 levels and now a hug head and shoulders pattern is playing out.The EUR/USD is showing a type 2 bearish pattern so we might see another rejection from POC zone or lower. 1.1455-65 or 1.1480-90 could reject the price on a

EUR/USDThe Euro continued to trade sideways in the Monday’s session, hovering around the 1.1450 level as the 1.15 level above has turned massively resistive. Also, the 200 Day EMA is sliding downwards, which is putting further pressure on the market. The market will continue to remain choppy as the market

The EURUSD pair managed to close positive yesterday despite risk off trading activity which was highly prevalent in global market owing to disappointing Chinese import and export data. The pair is trading range bound today with slight positive bias but major upside move is unlikely as investors are cautious impending

The Euro went back and forth during trading on Monday, as we await some type of momentum to move in one direction or the other. Overall, the market looks very likely to need a catalyst to make a momentous move.

Based on the early price action, the direction of the EUR/USD the rest of the session on Monday is likely to be determined by trader reaction to a downtrending Gann angle at 1.1490 and an uptrending Gann angle at 1.1449.

EUR/USDThe Euro has pulled back in the Friday’s session after reaching the 200 Day EMA level and has breached the 1.15 level. The market continues to experience a lot of bearish pressure due to the weak fundamentals associated with the pair. The market next few session will continue to be

Bearish rout in equity markets over weak Chinese macro data hurts risk appetite, while weak dollar failed to take initiative on declines resulting in range bound price action.

Based on last week’s price action and the close at 1.1470, the direction of the EUR/USD this week is likely to be determined by trader reaction to the long-term 50% level at 1.1447.

The Euro broke above the 1.15 level, which is a large and significant figure. A break above that level of course is a good sign, but at this point we have given back quite a bit of those gains. What you don’t see on the weekly chart is that the

The Euro rallied a bit during the day on Friday, showing signs of support at the 1.15 handle. However, we have a major moving average just above that it continues offer bearish pressure, meaning that we are essentially grinding it out to determine where we go next.

Based on the early price action, the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the main 50% level at 1.1516.

EUR is on the run, on many instruments we do have a legitimate buy signal, which looks really promising. Let me show You good occasions on the EURUSD, EUFCHF and additionally on the GBPUSD.

Lack of fundamental support limits Euro’s gains but broad based risk appetite helped the common currency stage significant recovery from yesterday’s loss.