Forex EUR USD Forecast

Forex EUR USD Forecast - Daily published professional analytical forecasts for the main currency pair Market Forex: the EUR USD!

Forex Forecast and Technical Analysis EURUSD on February, 10 2016

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Expected Euro Weakening to 1.1256 Before Yellen Speaks

Yesterday’s Trading:
Falls in the stock and oil markets again offered support to the euro and yen. Brent fell to $30.26 and the euro/dollar fell to 1.1337. When the US indices stopped falling, a rally on the euro began: the euro weakened against the dollar to 1.1280.

Forex Forecast and Technical Analysis EURUSD on February, 03 2016

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Euro Ready to Pass 1.0950 Resistance

Yesterday’s Trading:
My Tuesday’s expectations came off in full. The euro/dollar fell one point short of the 1.0940 target. The falling stock indices and oil prices helped the euro strengthen. The European stock indices fell by 2% on average and the US ones fell from between 1.9% and 2.3%. Brent fell 4.5% to $32.50.

Forex Forecast and Technical Analysis EURUSD on February, 02 2016

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Expected Test of 1.0930/40

Yesterday’s Trading:
The euro/dollar slid to the balance line by at 1.0885 by American opening on Monday. After varying US data came out, the euro strengthened to 1.0912 against the dollar. The PMI and ISM in the manufacturing sector were in different directions. The PMI was down and the ISM was in line with forecasts, but December’s value was reassessed downwards.

Short-term Trading Idea FX EUR/USD – Bull or Bear Speculation: Bounce or Break from the Trend Line

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Trading opportunities for currency pair: the euro/dollar has slid to the trend line. From here we could see a bounce since Monday’s movements usually go against Friday’s. The bounce level will tell us how the sellers are set up. A growth to 1.0938 means we should prepare for a break through 1.0985 and then 1.1025.

Forex Forecast and Technical Analysis EURUSD on January, 27 2016

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Euro Expected to Rise to 1.0895 before the Fed Meeting

Yesterday’s Trading:
My euro expectations were fulfilled on Tuesday. The euro updated its maximum against the USD during European trades, dropping to 1.0818 and then returning to 1.0868. The only thing that didn’t fit with my forecast was what happened at the end: the close price was higher than I thought it would be.

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