Forecast and technical analysis EURUSD on April 12, 2016. Tags: Forex EUR USD ForecastEUR/USD steady for eight consecutive dayPair's OutlookSince the first day of April the EUR/USD pair has been ending all trading sessions with no material change in its value, while the volume has been in a decline too. On Tuesday morning the conditions are similar, even though the cross is now hovering above 1.14. Thus, we keep our reasonably bullish bias and the mid-term caps should be found at 1.15 (October high). Daily technical indicators are positive as well. Any intraday losses, although they are less likely, will initially have to tackle the weekly pivot point at 1.1391. Read more about Forecast and technical analysis EURUSD on April 12, 2016.