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

It is yet another day of slow trading and consolidation and ranging that we are looking forward to for today, for a variety of reasons. It is the first day of the week and the first day of the month and generally, the volatility and the liquidity is very slow

The EURUSD pair completed one more month of ranging and consolidation in March though there were a lot more fundamental developments during the course of the completed month than what we saw in the month of February. But considering the fact that the month of March has passed off peacefully

The EUR/USD pair tried to rally initially during the week but found the 1.25 level to be far too resistive to continue going higher. I think that the market breaking above the 1.25 level should send this market much higher, perhaps reaching towards the 1.32 level. Ultimately, we have broken

It was another week of consolidation and ranging in the EURUSD pair and it was also a shortened week in many parts of the world on account of the holiday. The euro continued to trade within the larger range between the 1.22 and the 1.2450 region but the overall theme

The EUR/USD pair did very little during trading on Friday, but that’s not a huge surprise considering that it was Good Friday, and European banks were away. The liquidity would have been very thin, and therefore it makes sense that we would struggle to find directionality. I believe that the

The EUR/USD was nearly unchanged on Friday as Europe and North America took a pause to celebrate the Good Friday holiday.  Stronger than expected economic data released in the U.S. in the wake of the Fed’s decision to increase interest rates buoyed the greenback.TechnicalsThe weekly chart of the EUR/USD shows

Let’s find out how the interbank sentiment compares with technical indicators at 8 AM GMT on this Thursday.Technical models show mixed results for the Euro/Dollar in the short term. Mid term outlook is bearish and most of the studies are neutral in the long term, which is in line with

EUR/USDThe pair initially tried to rally during the Thursday’s session but failed to move higher and rolled over to test its support at 1.23 level. This level is an important level in the overall uptrend as buyers are trying to pull this market from here. The 1.21 level underneath continues

The euro weakened as we entered into the long weekend in many parts of the world but it was more a case of the strength in the dollar than a weakness in the euro. The EURUSD pair is likely to continue to remain weak for the rest of the day

The Euro bounce around during trading on Thursday, initially tried to rally, but then rolled over to test the 1.23 level again. I think that this level could be supportive, but I also recognize that we have been in a downtrend for a minute. I think that the 1.21 level

The EUR/USD was nearly unchanged on Thursday hovering near support levels. European and U.S. markets will be closed on Friday in celebration of the Good Friday holiday.  A stronger than expected U.S. jobless claims were offset by an uptick in German February inflation figures.TechnicalsThe EUR/USD was nearly unchanged on Thursday

Cable is having a beautiful head and shoulders pattern. The formation is already active as the price broke the neckline. We even tested that as a resistance. As long as we stay below the 1.408, the sentiment is negative and we should see a further drop.EURCAD is also having a

The Euro is trading slightly lower shortly before the U.S. opening and a mountain of U.S. economic data including the Core PCE Price Index at 1230 GMT. It is expected to show a 0.2% rise in inflation. Personal Spending is expected to come in at 0.2% and Personal Income is

EUR/USDThe pair continued to be choppy through the Wednesday’s session as the 1.24 level is getting too resistive. Given enough time, the market is likely to break above this important level and also the market is looking bullish over the long-term. The 1.21 level is the bottom of this overall

Gold’s short-term selling trend has continued as the U.S Dollar has become stronger.EUR/USD: Euro Loses Value and Support Level InsightThe Euro lost value after U.S Gross Domestic Product numbers came in stronger than projected. The European currency is near 1.2325 against the U.S Dollar. Support lurks near the 1.23 level

In what should be termed as a surprise, the EURUSD has fallen back to its usual range which we have been seeing since the beginning of the year. In this period, the pair has been caught in a 250 pip range and though we have been seeing a lot of

The EUR/USD pair has been very choppy during trading on Wednesday, as the 1.24 level seems to be a bit too resistive. However, I think the given enough time we will eventually break out but obviously we have a lot of concerns when it comes to global markets and of

The dollar gained traction against the Euro on Wednesday, declining for a second straight trading session, and falling through short-term support. German consumer confidence unexpectedly improved but that was easily offset by an upwardly revised U.S. GDP report. U.S. yield moved lower but were outpaced by the decline in the

The Euro is trading lower at the mid-session as quarter-end and month-end flows continue to support the U.S. Dollar. The rebalancing of portfolios by fund managers is also behind the Euro’s weakness.At 1620 GMT, the EUR/USD is trading 1.2345, down 0.0073 or -0.59%.Daily EUR/USDDaily Swing Chart Technical AnalysisThe main trend

For the longest time since the Emini S&P Futures failed to take out 2808 area on its move back up to the all-time highs of the indices in the 2872 region, it has followed the VX futures inversely. The Volatility Index futures have become seriously traded in recent days as