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

The selling bias prevails around the European currency on Wednesday and is now motivating EUR/USD to extend the sideline theme in the low-1.1700s. The pair is down for the second day in a row, extending the rejection from Monday’s tops in the boundaries of 1.1800 the figure against the backdrop

EUR/USDThe Euro fell hard during the Tuesday’s session as less than anticipated economic numbers came out from the European region. The pair got a bit of support around the 1.17 level and bounced a little higher from there. This pullback is likely to offer a nice buying opportunity in the

The EUR/USD pair has been volatile during trading on Tuesday as less than stellar economic figures came out of the European Union. However, we have seen a bit of support at the 1.17 level at a bounce, as well as more of a “risk on” attitude in the United States,

The Euro is under pressure on Tuesday, driven lower by a stronger U.S. Dollar and increased appetite for risk. U.S. Treasury yields are on the rise again, highlighting the divergence between the central bank policies of the U.S. Federal Reserve and the European Central Bank. This is helping to make

EUR/USDThe pair started the week with a bullish momentum, reaching towards the 1.18 level, an area which is massively resistive. The pair eventually pulled back lower reaching towards the 1.1750 level at the end of the session. The market is likely to struggle a bit to break above the massively

The Euro rallied open the week on Monday, reaching towards 1.18 level but strong resistance around 1.179 handle caused the pair to experience some pullback in early Asian market hours. However the pair still has strong support around 1.173 handle which has helped EURUSD remain in a range bound movement

The Euro rallied initially during the day on Monday but found enough resistance at the 1.18 level to turn things around and form a little bit of a resistive pullback. It looks as if the market is likely to struggle at the 1.1850 level above, an area that has been

The EUR/USD bounced to the upside as we could see from my previous EUR/USD coverage. We can see that the market is above the POC zone and order block. A retrace to the POC 1695-1.1720 could provide the pair with a fresh buying momentum. New sellers are probably waiting within

The Euro is trading higher shortly after the U.S. opening on Monday as shorts continue to cover and new buyers continue to come in following an easing of tensions over Italy late last month and strong economic data from Germany last week. The single-currency is also being supported by the

US market saw an increase in Job’s creation but the unemployment rate was unexpectedly high which pressured US dollar to take on dovish price action. The escalating trade war between the country and China added to the dollar’s weakness, as starting Friday, reciprocal tariffs came into effect, with US President

The Euro initially fell during the week, reaching down towards the 1.16 level before turning around again. It looks as if it is trying to for a bit of a bottom, if we can break above the 1.1850 level, the market is much more likely to continue going higher, perhaps

The Euro rallied significantly during the trading session on Friday, after the job report came out the United States suggesting that it was more of a “risk on” type of environment. However, we have a lot of noise out there involving trade talks and tariffs, so I suspect that any

The Euro recovered from early session weakness against the U.S. Dollar to turn higher for the session in reaction to strong German industrial orders and signs Washington had softened its trade rhetoric towards European Union automakers.At 1144 GMT, the EUR/USD is trading 1.1719, up 0.0025 or +0.24%.Daily EURUSDDaily Technical AnalysisThe

EUR/USDThe market rallied significantly during the Thursday’s session reaching towards the 1.1725 level, an area which is massively resistive. A break above this level could send market much higher, perhaps towards the 1.1850 level. The bullish reversal in the market is due to hopes of early interest rates hikes from

EUR/USD had virtually no reaction following the release of the FOMC meeting minutes. The euro is currently supported by easing trade anxieties as German Chancellor Merkel indicated a willingness to discuss potential tariff reductions. The first lift in German factory orders this year also provided some support. This more positive

The Euro rallied significantly during the trading session on both Wednesday and Thursday, reaching towards the 1.1725 level. That’s an area that has been resistance in the past, and it’s likely to be resistance in the future. If we can break above that level, then I think that the Euro

The Euro is trading higher shortly before the U.S. opening on Thursday. Volume looks a little light and the buying tentative as investors shake-off the post-holiday cobwebs. Traders could also be sitting on the sidelines ahead of today’s release of the latest Fed monetary policy meeting minutes at 1800 GMT.At

EUR/USDThe Euro initially tried to rally but faced strong resistance around the 1.1685 level and pulled back towards the 1.1640 level. The market continued noisy and due to lack of liquidity, the market failed to get enough momentum to turn around and start rallying again. The market ahead is likely

Given the US holidays, markets were quiet following a non-eventful European session where the calendar there too was light of events, of which those that were up for grabs were largely ignored. The EUR/USD sits well above 1.16, having built a nice basing pattern around 1.15 in the last few

The EUR/USD pair has been very noisy during the trading session on Wednesday, as the Americans were away for the Independence Day holiday. At this point, the market looks likely to be very noisy over the next couple of days as we worry about the situation politically in the European