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Forecast and technical analysis EURUSD on April 14, 2017.

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EUR/USD: moderate growth expected on Good Friday

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On Wednesday, Donald Trump staged a verbal intervention against the strengthening of the US dollar, bringing it down in the process. On Thursday, the dollar recovered its losses. The EUR/USD rate fell from 1.0678 to 1.0609, bringing the Euro down just before the long weekend.

Forecast and technical analysis EURUSD on April 13, 2017.

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EUR/USD: trend line broken through

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The Euro closed up at the end of trading on Wednesday. The price spent the day in a sideways trend within a 35 point range from 1.0589 to 1.0624. The price broke through the trend line and exited this range towards the end of the trading day. The dollar fell on the back of comments from US president Donald Trump, who stated that the dollar is getting too strong and that it's damaging the US economy. He also called on the Federal Reserve to maintain low interest rates.

Forecast and technical analysis EURUSD on April 12, 2017.

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EUR/USD: Euro again ready for a breakout of the trend line

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The EUR/USD pair closed up yesterday for the second day in a row. Over the last few days, a false breakout of the trend line has been confirmed. The Euro strengthened against the US dollar to 1.0630, but that's as far as buyers managed to push the price. As traders avoided risk and the main EUR/GBP cross fell, our EUR/USD pair went into a correctional phase.

Forecast and technical analysis EURUSD on April 10, 2017.

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EUR/USD: Monday against Friday

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Trading on the EUR/USD currency pair closed in the red on Friday. The Euro fell on the back of contradictory data from the US. In March, the US created twice fewer jobs than they had forecasted and the figures for January and February were revised downwards. At the same time, unemployment fell by 0.2% to 4.5%.

Forecast and technical analysis EURUSD on April 07, 2017.

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EUR/USD: time to leave the 1.0630 - 1.0680 range

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On Thursday, the EUR/USD closed down. The pair is still in a sideways trend, trading within a 50 pip range from 1.0630 to 1.0680. Movement is limited but very impulsive. Market volatility increases while statements from central bank representatives are being made.

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