EUR/USD Forex Forecasts - Forex Trading Forecasts - Page 7

HYCM
EUR/USD faces stiff resistance at 1.0675

After having bottomed out at 1.0659 level last hours, the EUR/USD pair struggles to take on the recovery above 1.0675 levels...

CMSTrader
Dollar moves higher

The dollar gained ground on Wednesday, pulling further away from the multi-month lows hit earlier in the week, while sterling slid...

Tickmill
Dollar crashes in the aftermath of healthcare bill failure

Trump failed to quash the main legacy of Obama’s presidency...

CMSTrader
EUR/USD erases losses

The euro erased losses against the U.S. dollar on Friday, helped by the release of upbeat euro zone manufacturing and service sector activity data...

Fort Financial Services
Pressure around the US dollar

The level did not stop the upward momentum and the single European currency...

The euro spiked on Thursday in the late NY session

Trade Balance in Italy in the Euroland came in negative on Friday. Meanwhile, the sentiment around the US dollar continued to play a major driver across the markets. The greenback remained around its lows after less hawkish than expected Yellen's remarks...


The euro became stable on the news

The rally in the stock markets appears to be overdone. The overall picture remained bullish for the euro. After Wednesday's rally the major took a pause on Thursday. The spot almost reached 1.0750 in the night when an upward momentum faded away...

EURUSD remain bullish above strong support

We remain bullish above 1.0600 support (Fibonacci retracement, horizontal overlap support) for a bounce up to at least 1.0715 resistance (Fibonacci extension, Fibonacci retracement, recent swing high resistance)...

EURUSD close off profitable short position and prepare to buy

Price dropped beautifully from our selling level and is fast approaching our profit target. We look to close off our profitable short position and prepare to buy above 1.0626 support (Fibonacci retracement, horizontal pullback support) for a bounce up to at least 1.0715 resistance...

The euro was attracting everyone’s attention

Sellers managed to lead the price a bit lower in the night. However, after posting a daily low at 1.0524 the pair reversed its direction. A minor dollar retracement triggered some profit taking move following the pair's recent sell-off...

The euro found a decent support at 1.0513

Eurozone inflation reached its maximum rate since the beginning of 2013. Meanwhile the unemployment rate in the region remained at the minimal level since 2009. The US dollar was supported by expectations regarding further Fed monetary policy tightening...

The euro failed to register any meaningful recovery

Despite French consumer prices growth the index failed to reach the anticipated level. Meanwhile, the inflation rate in Italy remained at the same level, although experts forecasted a drop...


EURUSD testing major resistance, remain bearish

We remain bearish below 1.0604 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a further push down to 1.0494 (Fibonacci extension, horizontal support)...

The dollar strengthened against its main rivals

The dollar strengthened against its main rivals on Tuesday. The manufacturing PMI in Germany came in higher than expected, however, the euro ignored this report...

The euro could not continue its rally

The euro closed on a weak note on Monday. Sellers met a barrier at 1.0600 and failed to retake it. After a brief consolidation phase fresh bids around 1.0600 helped buyers to raise the spot and to reverse a minor part of its losses in the Asian session on Tuesday...

EURUSD remain bullish tolerating excess for a bounce from here

Price is right on major support at 1.0591 (Fibonacci retracement, horizontal support, Fibonacci projection. We hope to see a bounce up from here to at least 1.0713 resistance (Fibonacci retracement, recent swing high resistance)...

EURUSD Trades above Support Ahead of German and Eurozone Q4 GDP

Tomorrow we will see the release of the German 2016 Q4 GDP first readings (YoY and QoQ) at 07:00 GMT, and the Eurozone 2016 Q4 GDP second readings (YoY and QoQ) at 10:00 GMT...

The dollar kept weighing on the euro

The dollar kept weighing on the euro on Monday. The pair weakened amid the US dollar recovery after the recent sell-off. Moreover, the single European currency ignored positive Factory Orders in Germany...


US dollar is under pressure

The EUR/USD upward structure remained intact on Wednesday. The euro remained rather unchanged against the dollar after Tuesday's rally in the early trades. Buyers consolidated their gains holding the spot flat below 1.0800. The price broke the 50-EMA upwards in the 4 hours chart...

The euro received support from Unemployment Change in Germany

The Asian recovery halted at 1.0720. The euro returned to 1.0700 afterwards where the spot stayed during the European hours. The overall sentiment was neutral amid lack of any market movers in the European session. A fresh buying interest emerged ahead of the NY opening...

The euro ignored positive GDP in Spain

The EUR/USD gapped higher at the daily open on Monday. The price jumped from 1.0700 to 1.0740 in the early Asian trades. The dollar's negative tone however, reversed mid Asian session. Bulls failed to extend their gains and stepped back giving the way to sellers...


EUR/USD remained in bulls hands

Investors ignored positive Eurozone data: Consumer Confidence Survey in Germany showed better than expected results, Unemployment Survey in Spain declined more than expected. The immediate focus now remains on US GDP which is set for Friday...

European common currency got under selling pressure

The European common currency got under selling pressure in the morning trades on Wednesday amid negative Business Climate release in Germany. A demand for the euro emerged in the European session helping the major to reverse its losses climbing to fresh highs...

EUR/USD traded in an ascending channel

Manufacturing PMI in Germany posted better-than-expected results. Services PMI showed on the contrary negative figures. The market will be focused on Business Climate in Germany on Wednesday...


European currency maintained its bid tone

The calendar remained thin and uneventful on Monday. The pair was influenced by broad base dollar retracement. Donald Trump's inaugural speech disappointed investors with absence of clear comments regarding taxes or investment measures...

US dollar strengthened amid upbeat data

The ECB left its rates unchanged: the deposit rate remained at -0.4% and the interest one at 0.0%. Moreover, the US dollar strengthened amid upbeat data. The Initial Jobless Claims came in green...

The dollar erased some of its losses vs. the euro

The dollar erased some of its losses vs. the euro ahead of J. Yellen’s speech on Wednesday. Moreover, the greenback got support fromUS consumer price index which coincided with investors’ expectations. The ECB will announce its interest rate decision later the day...


The euro got a minor support after the EU's trade Balance

The euro got a minor support after the EU's trade Balance. Today we expect to see Economic Sentiment for January from ZEW which is expected to show upbeat figures...

EURUSD time to start selling

We turn bearish on EURUSD below 1.0573 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 1.0490 support (Fibonacci retracement, horizontal overlap support)...

EUR/USD pair faced further downside pressure

The Euroland published mixed data on Monday. Industrial Production in Germany came in worse then expected while Trade Balance grew. The EU's Unemployment Rate remained unchanged at the same time. As a result traders stopped buying the euro and turned their attention to the US dollar...


Forex Forecasts

Forex Forecasts

Top 10 Forex Brokers 2019

200+ Forex Brokers
All Forex Reviews
Olymp Trade
Markets in Details: 07 November 2019

Euro area's Composite PMI recorded 50.6 in October, which suggests a flat scenario. Germany's lack of growth continues to affect the euro area...

FP Markets
AUD Declines on Strong Trade Data

The Australian dollar declined after the country released trade data for September. Numbers from the Australian Bureau of Statistics...

FXTM
US-China mini trade deal hits setback

A lot of excitement and positive news has been building in financial asset prices over the past few days. The three major US indices climbed to new highs...

BCS Forex
EUR showed steady decline against USD

EUR showed a steady decline against USD on Tuesday, updating local lows of October 16. The development of negative dynamics in the instrument...

FxPro
CME Bitcoin Futures Flash Crash

Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various...