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 May 26, 2017.

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EURUSD: price trading in the middle of a narrowing range

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Trading on the Euro on Thursday closed down. The price continued to trade within a daily range of 1.1160 to 1.1270. The pair fell to 1.1194. Buyers didn't allow sellers to push the price down any further as they received some support during the US session from the EUR/GBP cross.

Forecast and technical analysis EURUSD on May 24, 2017.

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EURUSD: correction on the Euro underway

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The Euro/dollar pair closed Tuesday's trading down. Sellers managed to almost completely erase Monday's gains (engulfing the body of the candlestick). A rise in US bond yields in response to increased probability of the Fed tightening their monetary policy in June acted as a catalyst for the US dollar's growth.

Forecast and technical analysis EURUSD on May 22, 2017.

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EUR/USD: quotes expected to recede towards the trend line

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After trading on Friday, the Euro closed with some nice growth against the greenback. The price consolidated within a narrow range around 1.1108 during the Asian session. As trading opened in Europe, the rally continued. By the time of the US session, Euro-bulls had returned the rate to 1.1172. New York trading brought it up to 1.212.

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