The Euro could see pressure from the U.S. Dollar over coming days suggest our technical studies while headlines concerning U.S.-China trade relations could weigh on the Greenback.
December 2,2018
We see a marginal bias to the short-term uptrend resuming and taking the exchange rate back up to the November 20 highs at circa 1.1470.
November 25,2018
We are on balance bullish in our outlook for EUR/USD conditional upon the exchange rate successfully breaking above a key trendline.
November 18,2018
GBP/AUD likely to continue downtrend on technical basis and negative Brexit headlines but a break of key levels needed for confirmation.
November 12,2018
The EUR/USD pair keeps knocking at the door of the circa 1.1300 hard floor, and the risks are building that it could finally break below it in the week ahead.
November 11,2018
The Euro-Dollar pair will likely be driven by the Dollar side of the pairing this week when eyes turn on the U.S. midterm elections which could drive the exchange rate through a key support level.
November 4,2018
We see this rangebound behaviour extending during the week ahead, with a mild bias to upside within the range. However, events concerning the Italian budget stand-off could well trigger Euro losses.
October 21,2018
The EUR/USD exchange rate is seen recovering from the bottom recorded at 1.1400; a break above 50-day MA would provide green-light for longs. News from Italy will probably be the main driver of the Euro whilst the Dollar could be impacted by retail sales.
October 14,2018
The Euro-Dollar exchange rate is showing a marginal bias for more downside and charts suggest a recent downtrend could extend to 1.1400. However, much will depend on the outcome of U.S. inflation data and the details of the minutes of the ECB's most recent policy meeting.
October 7,2018
EUR/USD's short-term downtrend turns negative but some support from moving average and pivot likely this week. The main calendar releases for both the Dollar and Euro are labour market data.
September 30,2018
EUR/USD has risen to record new highs above 1.1800 and the short-term uptrend is likely to extend in the week ahead. Eurozone inflation data could be key for the Euro; for the Dollar, all eyes will be on the Fed.
September 23,2018
The EUR/USD exchange rate has made strong gains over recent weeks aided by a tightening in monetary policy in the region and our technical studies suggest further advances are likely.
September 16,2018
Technical indicators argue trend may now be down with strong data from US and safe-haven flows supportive of USD. BUt upside risk for Euro in the week ahead from the ECB meeting; Dollar sees release of inflation data.
September 9,2018
EUR/USD breaks above trendline in notable move higher and a new uptrend is probably being established, but the 50-day moving average stands in the way to further progress.
August 27,2018
EUR/USD is breaking out from the narrow confines of a sideways range with the pair liable fall to a deeper target in the 1.13s or 1.14s. The main data release for the Euro is the ECB's Economic Bulletin; for the Dollar inflation data will take centre stage.
August 5,2018
EUR/USD has formed a triangle pattern after going sideways for several weeks suggesting a downside break is probable, with a target in the 1.13s. The main release for the Euro is inflation data; for the Dollar is is Jobs data and the FOMC
July 29,2018
Wave studies suggest a new leg lower in EUR/USD must unfold, however other technical studies are bullish. The Euro eyes ECB decision this week, US Dollar wary of Trumps 'weak Dollar' policy
July 23,2018
Technically speaking, EUR/USD's trend remains unclear but a break below 1.1589 could be key for resumption of downtrend. The main release for the Euro is trade data; for the US Dollar Fed chairman Powell's testimony takes centre stage
July 15,2018
Technical studies suggest a solid support level has formed in the mid-1.15s. Watch survey data out of the Eurozone this week for guidance on the Euro while employment and manufacturing numbers dominate the Dollar's week ahead
July 1,2018
Technical studies suggest the EUR/USD conversion is liable to head lower while moves could be dictated by comments made in Sintra, Portugal this coming week.
June 17,2018
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