Forex EUR USD Forecast

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

Forecast and technical analysis EURUSD on November 06, 2018.

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EURUSD: lateral movement around lb to continue

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On Monday the 5th of November, trading on the euro closed up. After falling to 1.1354, the price recovered to 1.1424. At the beginning of the European session, the pressure on the euro left investors feeling anxious over the fact that the conflict between the Italian government and the European Commission was not resolved.

Forecast and technical analysis EURUSD on November 05, 2018.

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EURUSD: price expected to increase from the lb balance line

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On Friday the 2nd of November, trading on the EURUSD closed down. After the publication of the US labor market data buyers lost all their daily gains. The number of new jobs exceeded expectations, and the value for the previous month has been revised upwards. The index of average hourly earnings (YoY) reached a 9-year high. Unemployment in the US remains at 3.7%.

Forecast and technical analysis EURUSD on November 01, 2018.

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EURUSD: a return to 1.1309 is highly likely

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On Wednesday the 31st of October, trading on the euro closed down by 0.28%. Pressure on the euro continues to stem from the uncertainty around the situation in Italy, as well as the general strengthening of the US dollar after the publication of positive data on the number of new jobs in the US private sector and the growth in 10-year US bond yields. The indicator exceeded market expectations.

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