EUR/USD Weekly Technical Outlook: Strong Euro Thesis Growing Legs

EUR/USD Technical Highlights: EUR/USD continues to hold major support around 11500 Descending wedge has a bearish tilt to it, but… We we’ll run with a top-side breakout should it develop US Dollar Index (DXY) posted back-to-back bearish reversal bars To see our intermediate-term fundamental and technical perspective on EUR/USD, check out our just released DailyFX […]

EUR/USD Weekly Technical Outlook: ECB Slams Euro Back Down to Support

EUR/USD Technical Highlights: EUR/USD gets clobbered back down to support Looking for some back-and-filling as market digests ECB Overall, bias is for rallies to fail but not full-on bearish until support breaks Whether you are looking for trading forecasts for the Euro or another currency, trade ideas, or educational guides, we’ve got you covered on […]

Euro Up as Italy Fears Fade, Canadian Dollar Falls with Crude Oil

TALKING POINTS – ITALY, EURO, SWISS FRANC, CANADIAN DOLLAR, CRUDE OIL Euro soars as Italy’s Mattarella vetoes eurosceptic cabinet nominee Swiss Franc retreats, Aussie and NZ Dollars rise as sentiment firms Canadian Dollar sinks as crude oil prices continue Friday’s selloff The Euro traded sharply higher to start the week after Italian President Sergio Mattarella […]

EUR/USD Weekly Technical Forecast: Potential Euro Set up for a Bearish Trend

EUR/USD TECHNICAL HIGHLIGHTS: EURUSD bearish set up in place for a test of 1.2000 FOMC Monetary Policy Decision alongside US NFP at the back end of the week, present risk for EUR For the intermediate-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The EURUSD range of 2018 has […]

EUR/USD Weekly Technical Outlook: Euro Price Coiling Up, ECB Nearing

EUR/USD Technical Highlights: EUR/USD price action converging into a triangle ECB on Thursday, but not expected to be a big market mover, never know, though A breakout one way or another should be upon us relatively soon For the intermediate-term fundamental and technical outlook for EUR/USD, check out the recently released DailyFX Quarterly Forecast. The […]

EUR/USD Weekly Technical Outlook: Euro Set Up to Rally Next Week

EUR/USD Technical Highlights: EUR/USD held confluence of support on Friday As long as 12215 holds, expecting strength Major resistance arrives at 2008 trend-line, ~12450 For a longer-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The range in the euro since January has had good levels to operate off […]

EUR/USD Weekly Technical Outlook: Choppy Euro Trading to End Soon

EUR/USD Technical Highlights: EUR/USD choppy trading could soon be nearing a resolution Looking increasingly like a bull-flag consolidation (or triangle) Levels and lines worth watching See our Top Trading Opportunities for 2018 and expectations for market volatility this year on the DailyFX Trading Guides. It’s been a difficult past several weeks trying to discern what […]