Forex EUR USD Forecast

Forex EUR USD Forecast - Daily published professional analytical forecasts for the main currency pair Market Forex: the EUR USD!

Technical analysis of EURUSD for 05.16.2019

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EURUSD: intraday bullish model on the euro

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On Wednesday the 15th of May, trading on the euro closed down by just 3 pips. During the European session, the EURUSD rate dropped to 1.1178. In the US session, the bulls recovered their losses on the back of news that President Trump will delay his decision on car tariffs by up to 6 months. An official statement is expected on Saturday.

Technical analysis of EURUSD for 23.04.2019

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EURUSD: with the Easter holidays over, expect a test of 1.1230

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On Monday the 22nd of April, trading on the euro closed slightly up. An upwards correction restored the pair to 1.1262. As the Easter holidays continued, currency markets got a boost from developments in the oil market. Brent oil rose by 3.5% to 74.50 USD per barrel. This surge was caused by reports that Washington is set to stop providing exemptions from Iranian oil sanctions. This news also pushed the Canadian dollar up, bringing a few other currencies with it.

Technical analysis of EURUSD for 15.04.2019

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EURUSD: Monday is correction day

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Last week, the major currencies all gained ground against the US dollar, except for the safe havens. The Aussie dollar gained 0.97% against the greenback, while the euro rose by 0.75%, the Kiwi dollar by 0.44%, the Canadian dollar by 0.42%, and the pound by 0.32%. The yen, on the other hand, shed 0.27%, with the Swiss franc losing 0.23%.

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