EUR/USD Forex Forecasts - Forex Trading Forecasts

The Euro is starting the trading week on a risk-on note, gaining against safe haven currencies such as the US Dollar, Japanese Yen, and Swiss Franc. However, the shared...

EURUSD recovered to the 67-degree line (1.1827), which has been a strong resistance level during recent corrections. Despite the rally in the EURGBP cross, buyers...

Research on the Pfizer vaccine has shown an efficacy rate above 90% in treating coronavirus infections. No serious safety issues were observed during...

EURUSD traded marginally lower on Monday, November 2, with the single currency ticking down 0.03% against the US dollar to close at 1.1641. The intraday low...

Given the tense situation surrounding the pandemic and the introduction of lockdowns until December, the euro runs the risk of further losses. On the daily TF...

On the daily timeframe, sellers have broken through the trendline. Now nothing prevents them from pushing the pair down to 1.1500. If Europe is unable to check the spread...

The single currency is taking heavy fire on Wednesday and European equity markets are a sea of red, as investors slash their exposure to euro-denominated assets...

The dollar index fell from 93.08 to 92.87 in today's Asian trading. Right now, the euro has no incentive to move higher. The US Senate has been adjourned until November 9...

The price of Euro on the D1 time-frame was range-bound until it made a lower bottom on 25 September. It seemed that the supply pressure, as many traders expected...

All major currencies ended the week higher against the US dollar. The largest gain was shown by the New Zealand dollar (+1.26%). A smaller increase...

EURUSD traded lower on Thursday, October 22. The euro shed 0.33% against the US currency, settling at 1.1818. The market reverted to a correction after rallying...

The dollar was steady above seven-week lows on Thursday, gaining some respite as hopes of a fiscal package in the United States ahead of the November...

EURUSD closed 0.44% higher at 1.1821 by the end of trading on Tuesday, October 20. Traders bought into the single currency right from the opening of the European...

The EURUSD pair traded broadly higher on Monday, October 19. The euro climbed 0.48% against the US dollar to 1.1769. Market participants opted to ditch the US...

Virtually all major currencies ended the week lower. The sharpest decline against the US dollar was shown by the Australian dollar (-2.26%). Smaller drops were...

Market participants will be watching for Brexit news and developments regarding the adoption of a new coronavirus relief bill for the US economy. Today the following...

Buyers are constrained from above by the balance line. The euro is unlikely to move higher due to the rapid spread of the coronavirus and the lack of a vaccine...

EURUSD dropped 85 pps to 1.1731 on Tuesday. The price action has been in a corrective phase for 14 hours even though cable has retraced to its lows against...

On Monday, the price did not reach Gann's 45-degree angle. Sellers were only able to approach this point today. The pair fell to 1.1778. The trend line goes...

On Monday, October 12, trading opened with a decline in the euro. There was no news driving the downturn. Market participants likely opted for profit taking...

EURUSD looks poised for continued growth. Given that the price action is at the 45-degree line and the Stochastic Oscillator is on top, we could see a pullback...

The US Dollar is now weaker against all of its G10 peers, as well as against most Asian currencies, as the Dollar index (DXY) test to see whether the 93.5 mark can...

Global markets continue to dance to the tune of the US stimulus talks. Wall Street erased some early losses to close substantially higher on Wednesday...

The euro bulls could infuse buyers with the stamina to reach a new high. Strong resistance will be encountered between 1.1770 and 1.1785. Gains above this range...

Optimism that a stimulus deal can still be reached on this side of the US election has returned to global markets, after the Democrats watered down their demands...

Discussions around a new $2.2 trillion relief package in the US kept markets afloat on Thursday and are helping to build positive momentum at Asian bourses on...

The Dollar is up for a third consecutive day, even managing gains against the Yen as global stock markets lifted out of recent correction lows. Solid US data yesterday...

In line with our forecast for today, we see the euro recovering to 1.1795. If buying picks up momentum after the BoE meeting, there may be enough time left...

The ECB was expected to tread lightly on EUR issues at today's policy meeting after recent central bank chatter about a strong EURUSD being important...

At the time of writing, the euro was trading at 1.1829. The price action is hovering near the balance line. A double bottom pattern has shaped up on the hourly timeframe...