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 March 13, 2017.

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EUR/USD: Monday v Friday

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The euro closed up after trading on Friday. The single currency managed to reach the D3 line after the publication of the US jobs report. The number of new nonfarm jobs in the states in February grew by 235,000 after a forecast of only 200,000. The figure for December was revised from 157,000 to 155,000 and for January from 227,000 to 238,000. The aggregate change for these two months comes to +9,000.

Forecast and technical analysis EURUSD on March 10, 2017.

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EUR/USD: price hovering around the trend line

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Trading on the euro on Thursday closed up. After Draghi's press conference, the euro restored to 1.0615. The head of the ECB gave the impression that the regulator may not need to provide any further stimulus for the revitalisation of the European economy. The ECB left its monetary policy unchanged and maintained its monthly net purchases in public and private sector securities at 80 billion EUR until the end of March.

Forecast and technical analysis EURUSD on March 09, 2017.

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EUR/USD: the euro has fallen on the back of a rise in US bond yields

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On Wednesday, trading on the euro closed down. During trading in New York, the euro fell to 1.0535 as the release of statistics in the US fell kindly in the dollar. The number of new private sector jobs in February exceeded expectations. The previous figure was revised and upgraded.

Forecast and technical analysis EURUSD on March 08, 2017.

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EUR/USD: awaiting a renewed minimum

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Trading on the EUR/USD pair closed down on Tuesday. The single currency depreciated against the dollar on the back of a rise in US 10-year bond yields and a drop in their German equivalent. By the end of the day, US 10-year bond yields had risen by 0.72% to 2.494%. German 10-year bond yields fell by 3.17% to 0.319%.

Forecast and technical analysis EURUSD on March 07, 2017.

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EUR/USD: weakening trend continues

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On Monday, trading on the euro closed down. After an unsuccessful attempt by buyers to take the price above 1.0630, the euro fell against the dollar to 1.0575. A touch of volatility was to be found during the day yesterday as news came in from France. Ex-Prime Minister Alain Juppe ruled out taking part in the French presidential elections.

Forecast and technical analysis EURUSD on March 06, 2017.

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EUR/USD: Monday vs Friday

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Friday's trading on the euro closed in the green. The EUR/USD rate restored from a minimum of 1.0495 to 1.0623 (+128 pips). This began as a correctional movement against the euro's weakening over the previous two days. In Europe, the euro strengthened against the dollar to 1.0573, and after Janet Yellen's speech, to 1.0623.

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