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 April 19, 2018.

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EURUSD: price caught up at the balance line

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On Wednesday the 18th of April, trading on the EURUSD pair closed slightly up at 1.2373. The single currency got a significant boost from the EURGBP and EURCAD crosses. The pound dropped against both the dollar and euro following the release of disappointing UK inflation figures for March. The Canadian dollar lost ground to the greenback and euro after the BoC’s decision to maintain its key rate at 1.25%.

Forecast and technical analysis EURUSD on April 13, 2018.

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EURUSD: decline awaits the euro in Europe

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On Thursday the 12th of April, trading on the EURUSD pair closed down. As US president Trump dialed down his rhetoric on Syria, the US dollar got a boost along with US stocks and bond yields. Trump also mentioned that trade talks between Washington and Beijing are going well, which provided additional support to the dollar.

Forecast and technical analysis EURUSD on April 12, 2018.

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EURUSD: 1.2338 – 1.2345 to provide strong support

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On Wednesday the 11th of April, trading on the EURUSD pair closed slightly up. The pair spent most of its time hovering around the 135th degree at 1.2380. Markets swung in all directions as they braced themselves for a potential strike in Syria by the US, France, or Germany. It’s been 48 hours, but Trump has yet to make the decision to strike. The euro slid against the dollar from 1.2396 to 1.2347 after the FOMC minutes were published.

Forecast and technical analysis EURUSD on April 11, 2018.

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EURUSD: growth slowed down around the 135th degree

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On Tuesday the 10th of April, trading on the euro closed up. There was a surge in market volatility as Nowotny, a member of the ECB’s governing council, gave a speech. He said in an interview that the ECB will end its bond-buying program this year and that the regulator could increase the deposit rate from -0.4% to -0.2% before making any changes to the key rate. The euro jumped in response to this to reach 1.2378.

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