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 October 26, 2018.

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EURUSD: correction offers euro bulls new chance to recover losses

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ECB President Mario Draghi's press conference was the key event on Thursday. Following the meeting, the governing council of the ECB decided to leave interest rates in the Eurozone unchanged. The refinancing rate remained at 0.00%. The decision coincided with the market forecast, so there was no noticeable reaction to it.

Forecast and technical analysis EURUSD on October 22, 2018.

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EURUSD: euro bulls trying to recover the losses incurred over the unresolved Italian budget.

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Last week, nearly all the majors lost ground against the US dollar. Only commodity currencies made gains; namely the Aussie and Kiwi dollars. The biggest loser against the greenback was the pound (-0.64%). The loonie shed 0.62%, the Swiss franc 0.48%, the euro 0.39%, and the yen lost 0.27%. The Kiwi dollar gained 1.30%, while the Aussie rose by 0.12%.

Forecast and technical analysis EURUSD on October 17, 2018.

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EURUSD: the market awaits new drivers

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On Tuesday, trading on the euro closed slightly down. In the span of one day the price made six multidirectional fluctuations. The largest price fluctuations were observed in the evening after publication during the US session. Industrial production in the US increased in September for the fourth straight month. The number of open vacancies in the labor market exceeded the forecast and the pervious figure.

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