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EUR/USD Forecast: European Central Bank Meeting On Thursday Likely To Trigger Volatility
Wednesday, December 9, 2020 - 5:28pm | 369Read More...EUR/USD Current Price: 1.2073 US dollar rises during the American session as risk sentiment deteriorates. European Central bank meeting on Thursday likely to trigger volatility. EUR/USD breaks under 1.2100 and opens doors to further losses. The EUR/USD pair dropped again on Wednesday,...
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EUR/USD Forecast: Neutral-To-Bearish In The Near-Term
Tuesday, December 8, 2020 - 4:39pm | 450Read More...EUR/USD Current Price: 1.2107 Soft European data maintained EUR/USD in corrective mode this Tuesday. Global equities posted modest intraday gains, US indexes traded mixed. EUR/USD is neutral-to-bearish in the near-term, steeper decline expected below 1.2075. The EUR/USD pair is marginally...
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EUR/USD Forecast: Limited Bullish Potential In The Near-Term, In A Wait-And-See Stance
Monday, December 7, 2020 - 5:41pm | 439Read More...EUR/USD Current Price: 1.2123 A scarce macroeconomic calendar left currencies in the hands of the market’s sentiment. This Tuesday, Germany will publish the German ZEW survey on economic sentiment. EUR/USD has limited bullish potential in the near-term, in a wait-and-see stance. The EUR/...
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EUR/USD Forecast: At Risk Of Correcting, But Bulls Retain Control
Thursday, December 3, 2020 - 6:30pm | 439Read More...EUR/USD Current Price: 1.2141 US employment-related figures were encouraging ahead of the NFP release. EU October Retail Sales beat expectations, rising 4.3% from a year earlier. EUR/USD at risk of correcting, but bulls retain control. The EUR/USD pair reached 1.2174, a level that was last seen...
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EUR/USD Forecast: Retains Its Bullish Stance
Wednesday, December 2, 2020 - 7:08pm | 488Read More...EUR/USD Current Price: 1.2093 US ADP survey showed that the private sector added just 307K new positions in November. COVID-19 stimulus talks in the US and the use of Pfizer’s vaccine in the UK lifted the mood. EUR/USD retains its bullish stance, but overbought conditions may result in a...
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EUR/USD Forecast: Trades At Fresh Two-Year Highs And Could Keep On Going
Tuesday, December 1, 2020 - 5:54pm | 439Read More...EUR/USD Current Price: 1.2047 Tepid US data and renewed stimulus hopes undermined the greenback. Inflation in the EU worsened further in November, down to -0.3% YoY. The EUR/USD pair trades at fresh two-year highs and could keep on going. The EUR/USD pair soared to fresh 2020 highs this...
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EUR/USD Forecast: Correcting Overbought Conditions, Still Far From Bearish
Monday, November 30, 2020 - 10:16pm | 436Read More...EUR/USD Current Price: 1.1945 Vaccine hopes fell short of boosting demand for high-yielding assets. The focus shifts to the official November US ISM Manufacturing PMI. EUR/USD correcting overbought conditions, still far from bearish. The EUR/USD pair reached a November high of 1.2002 this Monday...
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EUR/USD Forecast: Pressuring Monthly Highs And Poised To Extend Its Advance
Wednesday, November 25, 2020 - 5:38pm | 424Read More...EUR/USD Current Price: 1.1917 Mixed US data put the greenback under pressure ahead of a long weekend. Optimism decreased with equities ending the day mixed. EUR/USD pressuring monthly highs and poised to extend its advance. The EUR/USD pair advanced on Wednesday, reaching a fresh 2-month...
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EUR/USD Forecast: Neutral In The Short-Term, Needs To Break Beyond 1.1920
Tuesday, November 24, 2020 - 4:41pm | 458Read More...EUR/USD Current Price: 1.1878 Market players remain optimistic about easing political tensions in the US and vaccine hopes. US Consumer Confidence plummeted in November according to the Conference Board. EUR/USD is neutral in the short-term, needs to break beyond 1.1920. The EUR/USD pair ...
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EUR/USD Forecast: Keeps Trading Above The 1.1800 Level
Thursday, November 19, 2020 - 5:45pm | 469Read More...EUR/USD Current Price: 1.1876 European indexes closed in the red, US ones were mixed, as concerns outweighed hopes. Market players ignored soft macroeconomic data coming from both shores of the Atlantic. EUR/USD keeps trading above the 1.1800 level but edged lower for a second consecutive day....
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EUR/USD Forecast: Technically Bullish But Needs To Clear The 1.1920 Resistance Area
Wednesday, November 18, 2020 - 5:13pm | 435Read More...EUR/USD Current Price: 1.1862 Pfizer announced its vaccine against COVID-19 is 95% effective in preventing contagions. Soft macroeconomic data has kept EUR/USD confined to familiar levels. EUR/USD is technically bullish but needs to clear the 1.1920 resistance area. The EUR/USD pair kept trading...
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EUR/USD Forecast: Holds On To Modest Gains
Tuesday, November 17, 2020 - 5:40pm | 447Read More...EUR/USD Current Price: 1.1868 US Retail Sales missed expectations, but Industrial Production was upbeat in October. Equities under-performed amid speeding up coronavirus second wave in the US. EUR/USD holds on to modest gains, although a bullish breakout still is unclear. The EUR/USD pair ...
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EUR/USD Forecast: Technically Neutral-To-Positive, Needs To Clear The 1.1885 Resistance Level
Monday, November 16, 2020 - 5:37pm | 403Read More...EUR/USD Current Price: 1.1843 Moderna announced its covid vaccine is 94.5% effective in preventing contagions. The greenback enjoyed short-lived demand from encouraging news. EUR/USD is technically neutral-to-positive, needs to clear the 1.1885 resistance level. The market started the week...
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EUR/USD Forecast: Bearish, Giving Up Half Of Its November Gains
Wednesday, November 11, 2020 - 5:22pm | 467Read More...EUR/USD Current Price: 1.1771 The market´s sentiment remained positive, with the dollar making the most out of it. ECB’s President Lagarde warned about the negative effects of exchange developments on inflation. EUR/USD is bearish, giving up half of its November gains. The EUR/USD...
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EUR/USD Forecast: Consolidating Around 1.1820, With The Risk Skewed To The Downside
Tuesday, November 10, 2020 - 5:49pm | 470Read More...EUR/USD Current Price: 1.1809 German ZEW survey showed that Economic Sentiment plummeted in November. US stocks mixed as Monday’s euphoria about a coronavirus vaccine faded. EUR/USD is consolidating around 1.1820, with the risk skewed to the downside. Financial markets took Tuesday to...
















