EUR/USD (Euro to Dollar) Forecast, Page 14

The EUR/USD pair fell during the day on Thursday as we fell through a couple of minor barriers. Worries about Italian debt are starting to creep back into the market, as is the cycle of currency trading. It seems like we have a couple of months where traders worry about

The Euro is under pressure on Thursday on media reports that an Italian budget meeting was likely to be delayed. The reaction by traders suggests investors have already forgotten about yesterday’s series of U.S. Federal Reserve announcements. Fueling the worries today are concerns the ruling parties will push for a

Rate decision, statement, economic projections, press conference. That is all a history now. End of the story is that the USD got weaker and then, eventually stronger. The rise in the value of the USD is pretty mild though. I bet that most of you expected much more than that!

EUR/USDThe pair initially fell lower reaching towards the 1.1725 level during the Wednesday’s sessions as the market awaited the outcome of the FOMC meeting. With FOMC now has increased the short-term interest rates by 25 basis points, USD is likely to gain some amount of strength and also FOMC has

The EURUSD pair took a downward dive post FOMC rate hike update and Asian market hours saw follow through activity resulting in the pair falling from near 1.18 handle below 100 day moving average line.  The follow through activity shows signs of pair breaching 200 day moving average which if

The Euro fell towards the 1.1725 region ahead of the FOMC statement, which isn’t much of a surprise, and unfortunately you can’t read too much into, as a lot of traders would have chosen to be on the sidelines heading into that announcement. Long gone are the days of news

The Euro is trading lower on below average volume as investors position themselves ahead of a series of key announcements from the U.S. Federal Reserve at 1800 GMT. The central bank is widely expected to raise its benchmark interest rate by 25 basis points. This has been priced in for

EUR/USD held within a range below the psychological 1.1800 handle in European trading yesterday as investors await guidance from the Federal Reserve, with interest rate decision updates scheduled to release today. With several risk events this week, a breakout appears to be inevitable and technical pattern favors a break to

The Euro has tried to rally above the 1.18 level for some time now but fails every time we get close to it. I think perhaps this is due to the fact that we have an FOMC statement coming, and traitors probably are a bit hesitant to put too much

The Euro is trading higher shortly before the U.S. opening. The currency is recovering a little following yesterday’s closing price reversal top. During the early session, the chart pattern was not confirmed with prices remaining inside yesterday’s range. This tends to indicate investor indecision and impending volatility.The single-currency rallied on

EUR/USDAlthough short-term ascending trend-line signals the EURUSD’s strength, the pair might soon find it hard to extend its recovery as the 1.1815-25 horizontal-region is nearby. Should prices rally beyond 1.1825 on a daily closing basis, the 1.1900 and the 200-day SMA level of 1.1945 are likely following numbers to appear

Yesterday the EURUSD made new mid-term highs but the main pair is dangerously getting closer to create a bearish reversal pattern. The price is currently trying to create a head and shoulders formation or a triple top. Despite nice upswings, we do also have strong reversals. It is all happening

By Tuesday, the EUR/USD has stabilized after the volatile previous week. The market is now looking for support. The major pair is still near the 4-month highs, with the last week high at 1.1802.The US economic reports came mixed. Housing starts got up by 9.2% MoM, reaching 1.282M homes, which

EUR/USDThe Euro initially started off with strength during the Monday’s session, but then rolled off to form a lower high on the daily chart. Because of this, it seems the market is likely to struggle a bit breaking above the 1.18 level. The pair is likely to trade within the

Global markets saw a mixed dollar in North American market hours after ECB President Draghi’s economic update to the EU Parliament sent the euro through 1.18 temporarily on hawkish rhetoric, signaling the ECB’s forward intentions when he explained that “a relatively vigorous pick-up in underlying inflation” was underway, underscoring an

In what seems to be a reoccurring theme, the Euro is all over the place. We initially rallied during the trading session on Monday but rolled over as the Americans started to wake up. Quite frankly, I don’t think that this is the beginning of something major, but it does

The Euro is trading higher on Monday, rebounding from early session weakness. The initial move was fueled by concerns over an escalation of the trade dispute between the United States and China after the latter cancelled trade talks.Early in the session, investors threw money at the safe-haven U.S. Dollar but

EUR/USDThe Euro breaks lower after testing the massively resistive 1.18 level in the Friday’s session, which was the top of the larger consolidation area. The pullback was also expected as the market had rallied significantly over the last few sessions. It is expected that the 1.17 level underneath is going

The EUR/USD created an inverted hammer on Friday, as the weaker-than-expected September Eurozone PMI readings pushed the US-German yield differentials to new highs. The spread between the two-year US treasury yield and German two-year bund yield rose to 336 basis points, the highest since 1988. Further, the 10-year yield spread

The EUR/USD has been quite erratic since early 2015. The Greek crisis caused the pair to drop from 1.40 to near parity, all in the space of 10 months, and that was a brutal move lower which destroyed longs. Since then, the pair has range traded between 1.04 and 1.24,