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 23, 2018.

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EURUSD: a breakout of the trend line is expected

Summary:
On Thursday the 22nd of November, the euro closed slightly up. High volatility was observed during the European session in connection with the news on Brexit and Italy. The euro/dollar rate rose to 1.1434, after which it stabilised near the trend line at 1.14. Sellers did not pass through this trend line, as US markets were closed and volumes were lowered due to the holiday.

Forecast and technical analysis EURUSD on November 15, 2018.

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EURUSD: euro bulls preparing to break through 1.1350

Previous:
On Wednesday the 14th of November, trading on the euro closed slightly up. Fluctuations on the GBPUSD pair exerted their influence on the single currency throughout the day. The fluctuations on the British pound were the result of contradictory reports on Brexit. The pound and euro closed up against the dollar. The euro closed against the dollar at 1.1323.

Forecast and technical analysis EURUSD on November 14, 2018.

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EURUSD: correction on the euro following the pound

Previous:
On Tuesday the 13th of November, trading on the EURUSD pair closed down. The euro rose against the dollar on the back of the pound’s recovery in the wake of further developments on Brexit. This led to a recovery for other majors, while exerting pressure on the greenback from all sides.

Forecast and technical analysis EURUSD on November 09, 2018.

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EURUSD: breakout of the upwards channel

Summary:
On Thursday the 8th of November, trading on the euro closed down. The euro fell markedly against the US dollar after the publication of the European Commission's report, which is expected to slow the Eurozone economy in 2019. The European Commission lowered the GDP forecast in the Eurozone from 2% to 1.9%.

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