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

The Euro broke down a bit during the trading session on Tuesday, reaching towards the 1.13 level, which is an area that has been support a couple of times. However, the candle stick from the Monday session was very negative, so I think this shows just how confused and how

The Euro is trading lower on Tuesday, but trying to claw back earlier losses. Yesterday at this time, a rally looked promising, but comments from European Central Bank President Mario Draghi sunk those thoughts. Today, the currency seems to be struggling to find direction. Look for increased volatility today with

EUR/USDWith the five-week long descending trend-line aptly restricting the EURUSD’s advances, the pair is re-testing 1.1310-1.1300 support-zone, breaking which 1.1260 & 1.1215 may regain market attention. Should prices continue trading southwards past-1.1215, the 61.8% FE level of 1.1100 and the 1.1080 could please the sellers. On the contrary, immediate downward

EUR/USDThe Euro tried bouncing higher during the Monday’s session but failed and has broken through the 1.1350 level. With a weak set economic numbers from the European Union and concerns regarding the Italian debt crisis, the European Central Bank (ECB) is likely to keep the monetary policy soft. The 1.14

The Euro did well in yesterday’s session, holding on to its position above 1.13275 holding above said level for two trading session and advanced to the upside, reaching 1.13820. However, the pair failed to continue to 1.13945 during the overnight session and pulled back in this morning session to 1.13275

The Euro tried to rally a bit during the trading session on Monday, as we continue to see a lot of volatility surrounding the European Union because of the Brexit, concerns about the Italian debt situation, and quite frankly global growth continues to be an issue as well. People are

Euro traders shed early session weakness to move higher for the session. The move is being fueled by increased risk appetite after the European Union and Britain agreed on a Brexit deal. Additional support is being provided by reports that Italy may be willing to compromise over its 2019 budget

Hi traders,The EUR/USD has been captured within a range that could either break or present us with support/resistance trading opportunities.The pair has bounced from 1.1320 zone and it is heading towards W H3 – 1.1388 and W H4 1.1410. If we see 1.1410 that could be a selling opportunity if

EUR/USDThe Euro continued to struggle during the Friday’s session as the 1.14 level above is offering a lot of resistance. The pair is also suffering due to negative Brexit headlines, Italy debt crisis coupled with weak economic numbers from the European Union. The hawkish stance of the Fed is also

The common currency is facing mounting pressure from multiple fronts such as domestic political woes and poor economic data which combined with resurgence in demand for US Greenback in broad market are seeing the EURUSD pair take on bearish price action. The common currency was pressured on Friday after weaker

The Euro initially tried to rally during the week but found enough resistance just below the 1.15 handle to form a negative candle and give back all of the gains. The Euro continues to struggle due to the Brexit, and the issues between the EU and Italy, which I think

The Euro initially tried to rally during trading on Friday but then turned around to show signs of weakness. We have wiped out the bottom of the past couple of days, and that shows that we are more than likely going to continue to go much lower. I think the

The Euro is trading sharply lower on Friday in reaction to weaker-than-expected economic data from the Euro Zone. Earlier today, a series of Purchasing Manager Index (PMI) reports showed Euro Zone business growth slowed much faster than expected this month.The German PMI was particularly disappointing. It showed German private-sector growth

The EUR/USD pair is on a steady rise above the 1.14 handle across Asian market hours today as the sentiment around the Euro was lifted by the renewed Brexit optimism and broad-based US dollar weakness, as markets brace for the Markit preliminary November PMI for the EU and the US

The Euro rallied a bit during the trading session on Thursday and what would have been somewhat thin trading as the Americans were not on board. However, I see a lot of resistance above I think this could end up being a nice selling opportunity. The 1.15 level will offer

The Euro is trading up on Thursday, benefitting from the shedding of the safe-haven U.S. Dollar due to a second day of stability in the global equity markets. Speculators are also increasing bets on hopes for a resolution of Italy’s budget dispute. Traders are also taking advantage of the thin

Hi traders,The EUR/USD has formed a bullish pennant pattern slightly above the M H3 pivot point. A rejection from 6/8 MM and W H3 confluence could initiate next rally.The price needs to have a strong 4h close above 1.1415 (with full candle body above it) and only then the price

EUR/USDThe Euro finally managed to break higher the 1.14 level in the Wednesday’s session, but still experiencing a lot of resistance above which extend up to the 1.15 level. The overall sentiment of the market is still bearish due to the negative headline around and its a matter of time

The EURUSD pair yesterday remained well above 1.14 handle and hit an intra-day high of 1.1425 market and maintained some modest gains for majority of the session. But the pair has fallen back below 1.14 handle during Asian market hours today, as the pair lacks support to remain steady above

The Euro has a lot of resistance just above current trading levels, so I think at this point we could very well see some exhaustion coming back into the market. The 1.15 level is massive resistance, and I think that it’s only a matter of time before the sellers come