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EUR/USD Forecast: At Risk Of Extending Its Latest Decline Towards The 1.2000 Figure
Monday, January 11, 2021 - 4:20pm | 412Read More...EUR/USD Current Price: 1.2167 The American dollar pared gains during the US session, retained most of its intraday gains. EU January Sentix Investor Confidence improved from -2.7 in December to 1.3. EUR/USD is at risk of extending its latest decline towards the 1.2000 figure. The EUR/USD pair...
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EUR/USD Forecast: Stable Below 1.2300, Bearish Potential Limited
Thursday, January 7, 2021 - 5:38pm | 460Read More...EUR/USD Current Price: 1.2269 Wall Street kept rallying and posted new all-time highs. The US is expected to have created just 71,000 new job’s positions in December. EUR/USD is stable below 1.2300, bearish potential limited. The American dollar extended its Wednesday’s gains against...
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EUR/USD Forecast: Eased From Intraday Highs But Holds Around 1.2300
Wednesday, January 6, 2021 - 7:02pm | 469Read More...EUR/USD Current Price: 1.2306 Market players ignored a terrible US ADP survey, rallied on Georgia elections. Business activity in the EU contracted for a second consecutive month in December. EUR/USD eased from intraday highs but holds around 1.2300. The EUR/USD pair soared amid an upbeat market...
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EUR/USD Forecast: Continues To Consolidate 2020 Gains, With Its Bullish Potential Intact
Tuesday, January 5, 2021 - 5:57pm | 420Read More...EUR/USD Current Price: 1.2299 Market players await the outcome of the US Georgia Senate election. Focus slowly shifting towards US employment figures ahead of the NFP report. EUR/USD continues to consolidate 2020 gains, with its bullish potential intact. The EUR/USD pair has recovered some...
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EUR/USD Forecast: Under Short-Term Pressure
Monday, January 4, 2021 - 5:48pm | 421Read More...EUR/USD Current Price: 1.2248 Coronavirus-related concerns dented the market’s mood in US trading hours. Manufacturing output remained in expansion territory in December in the Union. EUR/USD under short-term pressure, the corrective decline may continue. The EUR/USD pair surged to 1....
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EUR/USD Forecast: Trades Above Its Former Year's High And Is Poised To Continue Advancing
Wednesday, December 30, 2020 - 4:09pm | 452Read More...EUR/USD Current Price: 1.2285 US Senate delayed the discussion about expanding coronavirus-relief aid. Coronavirus-related concerns hurt the market’s mood amid rising cases in the EU and the US. EUR/USD trades above its former year’s high and is poised to continue advancing. The EUR/...
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EUR/USD Forecast: Neutral In The Near-term But Not Far From This Year's High
Monday, December 28, 2020 - 3:55pm | 399Read More...EUR/USD Current Price: 1.2209 Trading was choppy at the beginning of the week and will likely extend this week. The US December Dallas Fed Manufacturing Business Index printed at 9.7. EUR/USD is neutral in the near-term but not far from this year’s high. Major crosses held within familiar...
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EUR/USD Forecast: Holds Neutral Around 1.2200, Limited Bearish Scope
Wednesday, December 23, 2020 - 3:55pm | 416Read More...EUR/USD Current Price: 1.2178 US Durable Goods Orders rose by 0.9% in November, beating expectations. Noise around the US stimulus package kept investors in cautious mode. EUR/USD holds neutral around 1.2200, limited bearish scope. The dollar edged lower against its major rivals on the last full...
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EUR/USD Forecast: May Extend Its Decline, But The Long-Term Bullish Trend Remains Intact
Tuesday, December 22, 2020 - 6:04pm | 422Read More...EUR/USD Current Price: 1.2162 The dollar advances within range on a sour market’s mood. US Q3 GDP was upwardly revised to 33.4% from 33.1% YoY. EUR/USD may extend its decline, but the long-term bullish trend remains intact. The EUR/USD pair traded as high as 1.2256 on Monday, but...
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EUR/USD Forecast: Bounced From Back Above 1.2200, The Risk Is Skewed To The Upside
Monday, December 21, 2020 - 6:50pm | 503Read More...EUR/USD Current Price: 1.2248 A new, more contagious covid strain spurred risk aversion at the weekly opening. US Senators agreed on a historic $900 billion coronavirus relief package. EUR/USD has bounced from back above 1.2200, the risk is skewed to the upside. The week started in risk-off mode...
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EUR/USD Forecast: Keeps Running Could Correct Extreme Overbought Conditions
Thursday, December 17, 2020 - 5:40pm | 414Read More...EUR/USD Current Price: 1.2268 The dollar’s sell-off extended, profit-taking may help it ahead of the weekend. US data was mixed, with Initial Jobless Claims up to 885K in the week ended Dec 11. EUR/USD keeps running could correct extreme overbought conditions. The EUR/USD pair peaked at 1....
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EUR/USD Forecast: At Risk Of Falling In The Near-Term
Wednesday, December 16, 2020 - 6:22pm | 455Read More...EUR/USD Current Price: 1.2197 US Federal Reserve maintained the monetary policy unchanged, disappointed. The American currency appreciated during US trading hours amid a deteriorated market’s mood. EUR/USD is at risk of falling in the near-term, but the decline seems corrective. The EUR/...
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EUR/USD Forecast: Continues To Consolidate Yearly Gains Above The 1.2100 Threshold
Tuesday, December 15, 2020 - 7:56pm | 506Read More...EUR/USD Current Price: 1.2152 A scarce macroeconomic calendar ahead of first-tier figures kept EUR/USD ranging. US Republican Senator Mitch McConnell acknowledged Joe Biden as the elected President. EUR/USD continues to consolidate yearly gains above the 1.2100 threshold. Trading was choppy...
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EUR/USD Forecast: Trading Near 2020 Highs And With Room To Advance Further
Monday, December 14, 2020 - 6:02pm | 452Read More...EUR/USD Current Price: 1.2148 Covid restrictions in the US and Europe weighed on the market’s mood. Brexit’s optimism pushed the shared currency higher during London trading hours. EUR/USD is trading near 2020 highs and with room to advance further. The EUR/USD pair flirted with...
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EUR/USD Forecast: Soft U.S. Data Offered Support On Thursday
Thursday, December 10, 2020 - 5:56pm | 451Read More...EUR/USD Current Price: 1.2137 European Central Bank acts as expected, “recalibrates” monetary policy instruments. Soft US data supports EUR/USD on Thursday. DYX drops despite decline in global equities. The EUR/USD pair moved within Wednesday’s range during Thursday despite the...
















