EUR/USD churns below 1.0800 as upside momentum remains thin – FXStreet
share: EUR/USD continues to test the near-term ceiling of 1.0780. European PMIs are due to be released next Thursday, but until then the data is thin. US PPI rose on Friday, pinning the market in the mid-range. EUR/USD remained in place on Friday after briefly testing lower levels, but a weak market pushed […]
US Dollar Forecast: EUR/USD, GBP/USD and USD/JPY Price Action Setups – DailyFX
USD Weekly Forecast: Neutral Technical barriers will limit USD upside, but USD is likely to settle within a range next week EUR/USD strong despite worsening European outlook GBP/USD dissatisfied with long-term resistance – lower odds of interest rate cut supporting GBP? USD/JPY moves towards intervention levels again In this article’s analysis, chart pattern and the […]
EUR/USD grinds sideways on Wednesday as pair struggles near 1.0750 – FXStreet
share: Wednesday’s move was thin, with EU/USD showing little momentum. Economic indicators in Europe continue to weaken. An important announcement this week will be Germany’s HICP inflation rate on Friday. EUR/USD rose slightly on Wednesday before turning lower in the US market late, before recovering slightly to the mid-range for the day. The […]
EUR/USD remains below 1.0900 post intraday gains, US Nonfarm Payrolls eyed – FXStreet
share: EUR/USD extended its gains as the US dollar weakened following mixed US data. The euro could face difficulties as markets speculate about an ECB rate cut in June. If US NFP declines as expected, the US dollar could suffer further losses. EUR/USD extended its gains for the second day in a row, […]
Euro (EUR/USD) Pares Recent Losses After German and Euro Area Q4 GDP Releases – DailyFX
EUR/USD Forecast – Prices, Charts, Analysis The third quarter revision will help Germany avoid a technological recession. Eurozone growth was flat in the fourth quarter. Learn how to trade euro/usd With our free guide: Recommended by Nick Corey How to trade EUR/USD Most read: Markets a week ahead: Fed and BOE decisions, US jobs report, […]
EUR/USD Price Analysis: Extends losses to near 1.0830 followed by the monthly low – FXStreet
share: EUR/USD continues to trend downward in response to US GDP statistics. Technical analysis suggests bearish sentiment for the month at 1.0821. Above 1.0850, the pair could find support approaching the 23.6% Fibonacci retracement and the resistance zone near the 21-day EMA. The EUR/USD pair widened its decline for the second day in […]
EUR/USD on the edge after the drop yesterday – ForexLive
To be fair, Lagarde's talk went as expected. He acknowledged the improving trend in inflation while reaffirming a more data-driven approach. He said it was far too early to discuss rate cuts now, but also noted that the Fed should not be “fixated on a date.” In addition, he defended the possibility of rate cuts […]
ECB Leaves Interest Rates Unchanged, EUR/USD Listless Ahead of Press Conference and US Q4 GDP – DailyFX
EUR/USD Forecast – Prices, Charts, Analysis The ECB will leave all policy instruments in place. EUR/USD is currently stuck within a 30-tick range. Recommended by Nick Corey Get free euro predictions Most read: Euro Q1 technical forecast: mixed picture As expected, the European Central Bank has so far left all policy settings unchanged. In a […]
EUR/USD bounce yesterday not anything significant, eyes the ECB later today – ForexLive
The dollar managed to cut a significant amount of its losses in late US trading yesterday, and despite yesterday's rebound, EUR/USD remains below 1.0900. The pair has been trading little changed today as all eyes are on the ECB's future policy decisions. Here's a complete look at the current pair: EUR/USD daily chart As you […]
EUR/USD continues to drift in technical consolidation range near 1.0900 – FXStreet
share: The euro rose on strong EU PMIs, but fell as US PMIs were better than expected. The ECB's interest rate decision is scheduled during Thursday's market session, which ends on Friday after US PCE inflation. EUR/USD is hampered by the 200-hour SMA. EUR/USD rose to near-term highs above 1.0930 on Wednesday after […]