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EUR/USD Forecast - Page 6


EURUSD: UK news boosts the greenback

Major currencies closed the week higher. The steepest gains against the US dollar were shown by the British pound (+2.30%). The Australian dollar rose...

21 Dec 2020Alpari

EURUSD: bulls aim to extend gains

EURUSD closed slightly higher on Tuesday, December 15, with the euro ticking up 0.06% to 1.2150. Trading was volatile and the price action remained in the range...

16 Dec 2020Alpari

EURUSD: euro stabilizes at balance line

Major currencies have been showing a mixed picture in Asian trading. At the time of writing, the euro was trading at 1.2148. EUR and GBP crosses are trading in positive...

15 Dec 2020Alpari

EURUSD: euro tracks sterling higher

The pound and the euro gapped higher at the European opening. At the time of writing, the single currency was changing hands at 1.2141, with resistance...

14 Dec 2020Alpari

EURUSD: buyers target 1.2178 resistance

Given that today is Friday, and trade talks will continue over the weekend, we could see some profit taking on long positions. A jump over the 1.2178 resistance...

11 Dec 2020Alpari

EURUSD: buyers target breakout at 1.2177

The EURUSD pair rose to 1.2147 in Asian trading. Growth decelerated near the trendline and the 45-degree line. If London does not support Asia's uptrend...

9 Dec 2020Alpari

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EURUSD: price stabilizes near balance line

The EURUSD pair closed in decline on Monday, December 7, down 0.13% against the dollar to 1.2106. High market volatility was seen during the European session...

8 Dec 2020Alpari

EURUSD: price action tracks sterling lower

Over the past week, buyers pushed the key pair 1.65% higher. At the time of writing, the euro was changing hands at 1.2118. Even though all euro crosses are trading...

7 Dec 2020Alpari

Last-ditch Deals: Euro enters week on knife's edge

The Euro enters the new trading week with deadlines over two crucial deals hanging over its head. Monday marks the deadline for the EU members must agree...

7 Dec 2020FXTM

EURUSD: bulls revving up to test 1.2200

The EURUSD pair rose 0.21% to 1.2175 on Thursday, December 3. The euro mustered a rally to 1.22, but an into pushback from a decline in the EURGBP cross...

4 Dec 2020Alpari

EURUSD: market players await news flow update

The EURUSD notched up robust gains on Tuesday, December 1, with the single currency gaining 1.21% to 1.2067 against the dollar. The price action started...

2 Dec 2020Alpari

EURUSD: buyers set sights on 1.20

If the decline in EURUSD stalls at 1.1955, market participants would be advised to look at the crosses. If they are supportive, buyers will attempt to muster...

30 Nov 2020Alpari

EURUSD: buyers run into resistance

If EURUSD gains stall below the range of 1.1940-1.1950, a correction to 1.1895 can be expected amid subdued trading. If the euro starts to sell in crosses, the pullback...

26 Nov 2020Alpari

Euro set for eventful week

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...

23 Nov 2020FXTM

EURUSD: decline to 1.1740 looks increasingly likely

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...

13 Nov 2020Alpari

EURUSD: upside buyers close long positions

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10 Nov 2020Alpari

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EURUSD: markets riveted on US election result

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...

3 Nov 2020Alpari

EURUSD: buyers aim to hold above 1.16

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...

2 Nov 2020Alpari

Buyers looking to muster upward correction

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...

30 Oct 2020Alpari

Euro under fire as new lockdowns loom

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...

28 Oct 2020XM

EURUSD: no upside factors in sight

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...

27 Oct 2020Alpari

EURUSD: The Bulls are not giving up

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...

26 Oct 2020FXTM

EURUSD: trading opens on a muted note

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...

26 Oct 2020Alpari

EURUSD: buyers bounce off 1.18 mark

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...

23 Oct 2020Alpari

Dollar steadies above seven-week lows

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...

22 Oct 2020FxPro

EURUSD: euro firms on positive news stateside

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...

21 Oct 2020Alpari

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EURUSD: Markets await news stateside

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...

20 Oct 2020Alpari

EURUSD gains keep EURGBP losses in check

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...

19 Oct 2020Alpari

Key pair hovers above 112-135-degree range

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...

16 Oct 2020Alpari

EURUSD: Brexit and Covid drag down euro

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...

15 Oct 2020Alpari


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