EUR/USD adds to recent gains and retargets 1.0900, FOMC eyed
EUR/USD adds to Tuesday’s advance and approaches 1.0900. EMU Flash inflation Rate, Unemployment Rate next of note in the bloc. The FOMC event, ISM Manufacturing take centre stage later in the session. The European currency keeps the optimism unchanged for the second session in a row and lifts EUR/USD back to the vicinity of the […]
As EURUSD retests 1.08 it may be primed for a new leg of the rally
The batch of EU economic data released on Tuesday curbed the bearish momentum in the Euro that we saw for the Euro in the first half of the day. EURUSD fell to 1.08, but started to recover following the release of upbeat economic data, namely consumer inflation in France, unemployment in Germany, as well as […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (31 January 2023)
2023.01.31 2023.01.31 Short-term analysis for oil, gold, and EURUSD for 31.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The oil price […]
USD Controlling EUR/USD Price Action Dismissive of Positive EZ Data
EUR/USD ANALYSIS & TALKING POINTS EZ economic data unable to deter USD backing. All eyes on the Fed tomorrow with emphasis in post-announcement conference. Can current USD strength last against the EUR? Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro received several key economic data prints (see economic calendar […]
Scope for a move back to the 1.06 area into the spring – Rabobank
Economists at Rabobank discuss their forecasts for the EUR/USD pair for the coming moths. Market has now built substantial EUR longs “The market has now built substantial EUR longs meaning that the single currency will become increasing sensitive to the realisation that headwinds to Eurozone growth remain, albeit at a far more reduced level than […]
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
EUR/USD Price, Chart, and Analysis German Q4 GDP misses expectations and turns negative. EUR/USD is back above 1.0900 ahead of major data and events. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: EUR/USD Technical Outlook: Minor Setback on the Cards? German gross domestic product (GDP) turned negative in the fourth quarter of […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (30 January 2023)
2023.01.30 2023.01.30 Short-term analysis for oil, gold, and EURUSD for 30.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Euro is being corrected […]
EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for a Fed pivot. Consumer Sentiment improved, while inflation expectations ticked lower. EUR/USD Price Analysis: Upward biased, but short-term neutral, ahead of Fed and ECB’s decisions. The EUR/USD got rejected from the 1.0900 psychological barrier for two consecutive days and on […]
EUR/USD Consolidates Around the 1.09 Handle as the Dollar Index Remains Vulnerable
EUR/USD Price, Charts and Analysis: Recommended by Zain Vawda Download Our Updated Euro Forecast for Q1 2023 READ MORE: CAD Breaking News: BoC’s 25bps Rate Hike Receives Dovish Reaction, Loonie on Offer EUR/USD OUTLOOK EUR/USD continued its advance from yesterday holding above the 1.09 handle following the European open. The Euro gained steam against the […]