Forecast and technical analysis EURUSD on December 21, 2018.

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EURUSD: buyers are poised to pass 1.15

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On Thursday the 20th of December, trading on the pair closed up. High volatility persisted until trading closed. In the first half of the European session, the euro rose against the dollar to 1.1486 amid the overall weakening of the US dollar. This pressure on the US dollar was exerted by expectations that the Fed would slow down the pace of rate hikes.

Forecast and technical analysis EURUSD on December 18, 2018.

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EURUSD: dip expected following correction

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On Friday the 14th of December, the euro fell to 1.1270 during the US session. The weakening of the euro was due to the publication of disappointing data concerning economic activity in the areas of manufacturing and services in the Eurozone and Germany, as well as the dollar rally against the background of favourable data in retail sales and industrial production in the US.

Forecast and technical analysis EURUSD on December 17, 2018.

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EURUSD: dip expected following correction

Previous:
On Friday the 14th of December, the euro fell to 1.1270 during the US session. The weakening of the euro was due to the publication of disappointing data concerning economic activity in the areas of manufacturing and services in the Eurozone and Germany, as well as the dollar rally against the background of favourable data in retail sales and industrial production in the US.

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