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 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.

Forecast and technical analysis EURUSD on October 16, 2018.

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EURUSD: the euro stabilises on the balance line in anticipation of new drivers

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On Monday, the 15th of October, trading on the euro closed up. The euro won back all the losses suffered on Friday. The euro retreated from a low of 1.1535, but I do not understand what lead to buyers recovering Friday's losses. The US government bond yields were ranging. We're left thinking that with the remaining problems for the euro, its strengthening was caused by the general weakening of the dollar on an empty calendar.

Forecast and technical analysis EURUSD on October 15, 2018.

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EURUSD: Trading opens with a correction on the euro

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At the end of last week, major currencies showed an increase, with the exception of the Canadian dollar. The largest increase against the US dollar was shown by the Japanese yen (+1.33%). The New Zealand dollar went up by 1.09%, the Australian dollar - by 0.87%, the euro - by 0.23%, the British pound - by 0.31% and the Swiss franc - by 0.04%. The Canadian dollar fell 0.62%.

Forecast and technical analysis EURUSD on October 12, 2018.

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EURUSD: markets ready for a downwards correction

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On Thursday the 11th of October, the euro rose to 1.1599 against the greenback. During trading in Europe, the EURUSD pair initially rose to 1.1599 following the publication of the minutes of the ECB’s latest meeting on monetary policy (the regulator pans to end its asset-purchasing program by the end of the year).

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