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EUR/USD Forecast: At Shed Over 100 Pips From Daily Tops On Sudden Dollar's Demand
Monday, November 9, 2020 - 6:55pm | 499Read More...EUR/USD Current Price: 1.1809 Risk appetite soared after Pfizer reported outstanding results on its coronavirus vaccine. US indexes soared to all-time highs, while US Treasury yields reach levels last seen in March. EUR/USD at shed over 100 pips from daily tops on sudden dollar’s demand....
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EUR/USD Forecast: Unchanged For The Day, With A Modest Bullish Bias In The Near-Term
Wednesday, November 4, 2020 - 5:28pm | 510Read More...EUR/USD Current Price: 1.1722 The US presidential race is showing tight results after a long day of turmoil. The US ADP survey showed that the private sector added just 365K new jobs in October. EUR/USD is unchanged for the day, with a modest bullish bias in the near-term. The EUR/USD pair ...
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EUR/USD Forecast: Firmly Anchored To Its Bearish Path, Could Extend Its Decline To 1.1460/70
Monday, November 2, 2020 - 4:56pm | 450Read More...EUR/USD Current Price: 1.1632 Markit revised October Manufacturing PMIs for the EU and the US. Equities struggle to recover some of the ground lost last week. EUR/USD is firmly anchored to its bearish path, could extend its decline to 1.1460/70. The EUR/USD pair reached a fresh multi-week...
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EUR/USD Forecast: Oversold In The Near-Term, But More Slides Could Be Expected
Thursday, October 29, 2020 - 4:05pm | 528Read More...EUR/USD Current Price: 1.1672 The ECB hinted more easing coming in December, will “recalibrate” all available tools. US economy grew at a faster than expected pace in the three months to September. EUR/USD is oversold in the near-term, but more slides could be expected. The shared...
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EUR/USD Forecast: At Risk Of Extending Its Slump Sub-1.1700 As Things Are Set To Worsen
Wednesday, October 28, 2020 - 4:20pm | 532Read More...EUR/USD Current Price: 1.1754 The greenback surged on demand for safety triggered by soaring covid cases and fresh restrictions. ECB Monetary Policy decision and the US preliminary Q3 GDP grant a volatile Thursday. EUR/USD is at risk of extending its slump sub-1.1700 as things are set to worsen...
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EUR/USD Forecast: Keeps Trading Within Familiar Levels A Handful Of Pips Above 1.1800
Tuesday, October 27, 2020 - 5:24pm | 450Read More...EUR/USD Current Price: 1.1813 Market participants continue to ignore macroeconomic data in a risk-off environment. The WHO has said that Europe is the new epicenter of the pandemic. EUR/USD keeps trading within familiar levels a handful of pips above 1.1800. Dull trading across the FX...
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EUR/USD Forecast: Neutral-To-Bearish In The Near-Term, Could Accelerate South Once Below 1.1770
Monday, October 26, 2020 - 4:54pm | 477Read More...EUR/USD Current Price: 1.1813 Pandemic developments in the EU and politic turmoil in the US spurred risk aversion. US September Durable Goods Orders foreseen at 0.7% from 0.5% in August. EUR/USD is neutral-to-bearish in the near-term, could accelerate south once below 1.1770. The EUR/USD...
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EUR/USD Forecast: Under Pressure But Not Enough Bearish Signs To Support A Steeper Decline
Thursday, October 22, 2020 - 5:29pm | 507Read More...EUR/USD Current Price: 1.1817 Consumer confidence contracted further in Germany and the EU according to different estimates. US Initial Jobless Claims fell to 787K in the week ended October 16, the lowest reading since March. EUR/USD is under pressure but not enough bearish signs to support a...
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EUR/USD Forecast: Trading At A One-Month High And Poised To Extend Its Advance
Wednesday, October 21, 2020 - 7:00pm | 456Read More...EUR/USD Current Price: 1.1862 Progress in talks about a US stimulus package kept the greenback in sell-off mode. EU Consumer Confidence expected to have deteriorated further in October. EUR/USD is trading at a one-month high and poised to extend its advance. Speculative interest kept selling the...
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EUR/USD Forecast: Bullish In The Near-Term, Eyeing A Test Of 1.1870
Tuesday, October 20, 2020 - 6:00pm | 459Read More...EUR/USD Current Price: 1.1827 Minor data generally resulted upbeat, investors’ focus remained elsewhere. Speculative interest is waiting for news related to a US fiscal stimulus program. EUR/USD is bullish in the near-term, eyeing a test of 1.1870. The EUR/USD pair hit a fresh October...
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EUR/USD Forecast: Turned Bullish In The Near-Term, Faces Resistance In The 1.1800/10 Area
Monday, October 19, 2020 - 5:27pm | 474Read More...EUR/USD Current Price: 1.1770 Hopes that US authorities may reach a coronavirus aid package weighed on the greenback. ECB’s President Christine Lagarde and Fed’s Chair Jerome Powell refrained from mentioning monetary policy. EUR/USD has turned bullish in the near-term, faces...
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EUR/USD Forecast: Bearish After Breaking Below A Daily Ascendant Trend Line
Tuesday, October 13, 2020 - 5:49pm | 507Read More...EUR/USD Current Price: 1.1746 US traders came back from a long weekend to rush into safety. Subdued inflation both shores of the Atlantic added to concerns about economic growth. EUR/USD is bearish after breaking below a daily ascendant trend line. Risk aversion returned with a vengeance,...
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EUR/USD Forecast: Holds On To Most Of Its Latest Gains, Could Extend Its Advance
Monday, October 12, 2020 - 5:16pm | 417Read More...EUR/USD Current Price: 1.1809 Resurgent coronavirus cases in Europe led to the announcement of fresh restrictive measures. A US coronavirus aid package still at doubt before the presidential election. EUR/USD holds on to most of its latest gains, could extend its advance. The EUR/USD pair ...
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EUR/USD Forecast: Key Resistance To Overcome Is Seen At The 1.1800 Area
Thursday, October 8, 2020 - 6:17pm | 393Read More...EUR/USD ends the day virtually unchanged, extends rangebound trade. ECB Monetary Policy Meeting Accounts failed to inspire directional moves in EUR/USD Key resistance to overcome is seen at the 1.1800 area. The EUR/USD pair is closing Thursday around 1.1750, virtually unchanged after oscillating...
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EUR/USD Forecast: Holding On To Gains, But Buying Interest Seems Subdued
Wednesday, October 7, 2020 - 4:57pm | 467Read More...EUR/USD Current Price: 1.1767 Financial markets continue to depend on the risk-related sentiment. FOMC Meeting’s Minutes show that policymakers noted a faster than expected recovery. EUR/USD is holding on to gains, but buying interest seems subdued. The EUR/USD pair recovered some...
















