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

The Euro continue to hover during the week, going back and forth as there is a lot of uncertainty out there. Ultimately, the Federal Reserve and the ECB are both looking very dovish, so it causes a bit of confusion. Ultimately, one should take a look at the greater economic

The Euro continued to reach lower levels during the trading session on Friday, as we have continued to see a bit of negativity in the Euro, but with Jerome Powell getting ready to release a speech in Wyoming, we could see a bit of a short-term reaction.

This week was not a busy one for macroeconomic events, and it was also the quietest period of the summer lull, so most of the markets did not have strong moves. The brightest event of the week promises to be the speech of the Fed Powell’s head in Jackson Hole,

Based on the early price action, the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the uptrending Gann angle at 1.1067.

A relief rally in EUR/USD yesterday was short-lived as sellers pushed the exchange rate back towards the lower bound of a one-week range. Powell will be speaking later today, and volatility is expected.

Today, long-awaited, crucial event for the future of the American Dollar – Jackson Hole Symposium. Speech from Jerome Powell to be precise. Today is the day, where we should find out the FED’s sentiment towards the USD and their outlook on the monetary policy.

The Euro went back and forth during trading on Thursday again as we continue to find the 1.11 EUR level as a bit of a ceiling, but also have significant support just below. Ultimately, the market is waiting with bated breath to whatever happens and comes out of Jackson Hole.

Based on today’s wide range and current price at 1.1085, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the short-term Fibonacci level at 1.1112 and the uptrending Gann angle at 1.1066.

Despite the Fed meeting minutes yesterday and positive Euro data today, EUR/USD continues to trade within a range that started a week ago.

It’s often like this prior to market-moving events. Prices keep trading in a narrow consolidation, dropping subtle clues here and there. The context remains though, and coupled with the preceding price action, it allows to us to see the market tipping its hand. So, how have we prepared for what’s

The Euro has gone back and forth during the trading session on Wednesday, as we continue to hang around the 1.11 EUR level, which of course is an area that has attracted a lot of attention recently, as we await the Federal Reserve Meeting Minutes, and then of course the

Based on the early price action and the current price at 1.1104, the direction of the EUR/USD on Wednesday is likely to be determined by trader reaction to the uptrending Gann angle at 1.1097.

EUR/USD caught a bid from support on Tuesday to end a 5-day consecutive decline. Volatility is expected in the session ahead as the Fed will release minutes from their latest meeting.

Apologies for the essay, but I was writing to a client about things that keep me up at night, other than an 11-month old, and it got a little out of hand. The central theme is that the big issue is that the global economy is bearing the impact of

The S&P500 fell Tuesday, down 0.8%, and U.S. 10-year Treasury yields fell 5bps to 1.55%. The market seems to have paid little attention to the U.S. president indicating he would explore” various tax reductions” to help stimulate growth, for example. Instead, investors succumbed to apprehension in rates and trade talks.

The Euro is staging a modest recovery against the Dollar despite Italy’s Prime Minister Guiseppe Conte confirming that he will resign ahead of a no-confidence vote.

The Euro fell again during the trading session on Tuesday, as we continue to see a lot of selling pressure. At this point, I think it makes sense that you can’t buy this pair, because quite frankly not only do we have very negative technical analysis, we have no fundamental

Based on the early price action and the current price at 1.1077, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 1.1092.

Is the new wave of Euro weakness coming to the charts right now? Well, it seems so as the EURUSD is currently making new weakly lows.

A recovery attempt on Monday was short-lived as sellers took the exchange rate into negative territory late in the day to close for a fifth consecutive daily loss.