EUR/USD Weekly Technical Forecast: Breach Through Key Support Paves Way for Deeper Declines

EUR/USD TECHNICAL HIGHLIGHTS: Key Support at 1.1500 Break Euro at Risk of Deeper Declines Towards 1.1350 ReliefBid Confirmed Provided Euro Closes Above 50% Fib For the intermediate-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The Euro endured a torrid time last week with the currency trading below key […]

EUR/USD Weekly Technical Outlook: Will the Euro Cooperate and Break 11500?

EUR/USD Technical Highlights: EUR/USD on the verge of testing the all-important 11500 level A break will have the euro rolling downhill, while… A hold will bring further digestion, possible descending wedge See what is driving EUR/USD on a fundamental basis and our intermediate-term techncial perspective in the DailyFX Q3 Euro Forecast. The euro attempted to […]

EUR/USD Weekly Technical Outlook – Euro Coiling Price Action is a Good Thing

EUR/USD Technical Highlights: Euro price action continues to contract Waiting for one side of triangle/wedge to give-way 11500-line extremely important Check out our intermediate-term fundamental and technical perspective on EUR/USD in the recently released DailyFX Q3 Euro Forecast. Choppy, contracting price action (wedge/triangle building) can put a trader’s patience to the test, but instead of […]

Weekly Trading Forecast: Can Markets Hold Steady Through US GDP with Trade Wars Exploding?

US Dollar Forecast – US Dollar May Rise After Trump Meets Juncker, GDP Growth Soars The US Dollar may return to the offensive as President Trump dials down trade war rhetoric while second-quarter GDP data puts US growth at a four-year high. British Pound Forecast – GBP: Holiday Lull Ahead but Brexit May Break the […]

EUR/USD Weekly Technical Outlook: Higher-low, Support Test, or Nothing?

EUR/USD Technical Highlights: EUR/USD higher low on ‘hidden’ support could be in the works Or, a big retest of the low-11500s could also be in store, or Another week of range-bound, summer trading conditions Check out our intermediate-term fundamental and technical perspective on EUR/USD in the recently released DailyFX Q3 Euro Forecast. The last few […]

Weekly Trading Forecast: US and China Ensure Trade Wars, Dollar and Pound Look for Guidance

Risk trends were remarkably sanguine this past week in the face of confirmed tariffs placed by the US and China on each other. Don’t expect risk trends or benchmark FX currencies to simply ignore the growing risks going forward. See what live coverage is scheduled to cover key event risk for the FX and capital […]

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 […]