EUR/USD (Euro to Dollar) Forecast, Page 4

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 Fibonacci level at 1.1305 and the uptrending Gann angle at 1.1299. Looking ahead to Thursday, it looks as if the direction of the EUR/USD

EUR/USDThe Euro pulled further lower during yesterday’s session, slicing through the supportive 1.13 level. The pair is now likely to reach down towards the bottom of the overall consolidation which is at 1.12 level. The 50 Day EMA has also turned resistive and going forward, the market will struggle to

Brexit woes and upbeat USD to pressure EURO into dovish price action as investors await ECB MPC meeting tomorrow for directional bias which in current scenario also favors dovish proceedings.

The Euro continues to chop around in an overall consolidation area, which is roughly 300 points wide. This market has two central banks looking very likely to be dovish, so there’s no impetus for this market to take off in one direction or the other.

The US and Chinese stock indices growth turned out to be unstable, which we warned about the day before.

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 short-term 50% level at 1.1327.

Right now, the key trigger for the major currency pair, apart from other important things, is the trade agreement between the USA and China. Well, a possible agreement at least, because there the parties haven’t concluded the real one yet.

EUR/USDNegative sentiment around the pair dominated in Monday’s session, as it sliced through the supportive 1.1350 level, reaching down towards the 1.1320 level. This is a bit negative for the market and could witness a lot of selling pressure in the market. Given the case, it could probably reach down

Shared Currency continues to slide despite healthy risk appetite in broad market.

The Euro rolls over during the trading session on Monday, which quite frankly isn’t a huge surprise considering that we had formed a couple of shooting stars in a row.

Based on the early price action and the current price at 1.1332, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the 50% level at 1.1327.

the EURUSD pair is trading with slight bearish bias today but in reality, the scenario hasn’t changed much from last Friday as both bulls and bears wage war for control over a clear lack of directional bias.

EUR/USDThe Euro went back and forth during Friday’s session, as the pair continues to experience a lot of headwinds above. Looking at the chart, it seems the pair has formed strong resistance at the 1.14 level and above with market failing to cross above the 200 Day EMA. Going ahead

Rangebound action likely as headlines on geopolitical events are likely to influence price action and neither resolution nor a fallout in proceedings seem evident anytime in near future.

The Euro rallied slightly during the week, reaching towards the 1.14 handle. At this point, we are essentially in the middle of a larger consolidation area so it makes sense to me that we could see a bit of grinding back and forth.

The Euro has gone back and forth during the last couple of sessions against the US dollar, as we continue to see a lot of noise. Ultimately, the market is stuck in consolidation, so if you keep that in mind it gives you an idea as to how we will

Based on the early price action, the direction of the EUR/USD on Friday is likely to be determined by trader reaction to the 50% level at 1.1374 and the uptrending Gann angle at 1.1367.

The pair is expected to see a high level of action given flash PMI updates from both sides of Atlantic but price action is likely to remain range-bound as the forecast suggests that neither side has a strong update to force a breakout.

EUR/USDThe Euro initially tried to rally during Thursday’s session, but due to lack of momentum, it pulled back. The market is in the middle of massive consolidation, and its difficult to make any new position. In case of a breakdown, the pair has multiple support points underneath, which will attract

The Euro extended during the trading session during the day on Thursday, but as you can see we have been grinding higher for some time. When we look at the longer-term scenario, we have been consolidating overall.