EUR
EUR, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.00 after rebounding from fresh 12-month lows
EUR/JPY gains ground after two days of losses, trading around 176.10 during Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, indicating a persistent bearish bias. The EUR/JPY cross is extending a corrective tone as it holds beneath the nine- and 50-period Exponential Moving […]
by Currency Hedger
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- 8 hours ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Softens to near 1.1200, sub-100-day SMA keep outlook bearish
The EUR/USD pair trades in negative territory around 1.1210 during the early European trading hours on Friday. Worries about France’s ability to tackle its huge debt burden have hurt French government bonds and exert some selling pressure on the Euro (EUR) against the US Dollar (USD). France’s benchmark 10-year government bond yield climbed 6.5 basis […]
by Currency Hedger
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- 8 hours ago
EUR, GBP, Market Analysis, Technical Analysis
EUR/GBP Price Forecast: Attempting to regain 0.8400 after hitting oversold levels
The Euro (EUR) shows a mild bullish correction against the British Pound (GBP) on Thursday, following a more than 2.7% selloff from late September highs that had pushed the Relative Strength Index to heavily oversold levels in most timeframes. The EUR/GBP pair trades around 0.8390, after hitting fresh 17-month lows near 0.8370 on Wednesday, with […]
by Currency Hedger
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- 1 day ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Holds gains near 1.1250, but bearish bias holds below 100-day average
The EUR/USD pair trades in positive territory near 1.1245 during the early European trading hours on Thursday. Nonetheless, the potential upside might be limited amid fiscal concerns in France. European Central Bank (ECB) policymaker Fabio Panetta is scheduled to speak later on Thursday. French 10-year borrowing costs climbed above 5% for the first time in […]
by Currency Hedger
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- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Hovers around nine-day EMA, 177.50
EUR/JPY loses ground for the second successive day, trading around 177.50 during Asian hours on Thursday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a bearish near-term tone as it holds below both the nine- and 50-period […]
by Currency Hedger
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- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests nine-day EMA support near 177.50
EUR/JPY halts its four-day winning streak, trading around 177.70 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is consolidating between short-term support and medium-term resistance. The currency cross holds just above the nine-day Exponential […]
by Currency Hedger
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- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Softens below 178.00, bearish outlook remains intact under 100-day SMA
The EUR/JPY cross trades with mild losses near 177.70 during the early European trading hours on Tuesday. The Euro (EUR) weakens against the Japanese Yen (JPY) as street riots in France raise concerns over political stability. Zew Surveys from Germany and the Eurozone will be released later on Tuesday. Also, European Central Bank (ECB) policymaker […]
by Currency Hedger
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- 3 days ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Multiple headwinds for Euro backs downside bias
The Euro (EUR) is up 0.15% at around 1.1230 against the US Dollar (USD) during the Asian trading session on Tuesday. The major currency pair gains as the US Dollar is under pressure ahead of Meta Q3 earnings on Wednesday. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six […]
by Currency Hedger
- 0 Comments
- 3 days ago
AUD, EUR, KRW, Market Analysis, Technical Analysis, USD
Forex Market Forecast: Australian Dollar Leads Currency Gains as South Korean Won Strengthens and Major FX Pairs Consolidate
The Australian dollar and South Korean won are leading currency-market gains, rising 0.42% and 0.41%, respectively, as investors assess global economic conditions, interest-rate expectations and regional trade fundamentals. Meanwhile, the Japanese yen, euro, British pound and US Dollar Index are trading little changed, reflecting a more subdued session across several major currency markets. The divergence […]
by Currency Hedger
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- 4 days ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Weakens below 1.1250, bearish tone prevails below 100-day SMA
The EUR/USD pair trades in negative territory around 1.1230 during the early European trading hours on Monday. Fiscal risks in France and political instability in Europe exert some selling pressure on the Euro (EUR) against the US Dollar (USD). European Central Bank (ECB) Executive Board member Frank Elderson is set to speak later in the […]
by Currency Hedger
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- 4 days ago