EURUSD Weekly forecasts and technical analysis.
Introduction The forex broker is expecting the market to move strongly as the European Central Bank plans to make a 50basis point announcement during the meeting it will be having this week. The inflation level has affected the European market in the past months as the economic activity is struggling to stabilize. As the trading […]
Introduction The Retail sales report and the FOMC minutes are attracting forex brokers, retail traders, and investors as we can see that the dollar has shown some signs of improvement ahead of the reports. The decision of the members of the committee will also influence the market. If the outcome should favor the dollar, the […]
Introduction The Eurozone is currently feeling the economic impact of the Russia/Ukraine war as the EURO and Greenback go into parity as revealed on forex platforms, a first since twenty years ago, and there is a likelihood that the price may dip below the $1.00 mark again before Q4. Such a notable event draws the […]
Introduction For the first time in twenty years, the forex brokers are seeing the US dollar going into parity with the Euro currency as the value of the pair broke out below the psychological zone of 2016 this July and there is the possibility that the price may dip lower into the 2002 level of […]
Introduction Forex brokers, investors, and retail traders have seen how the Greenback has attracted more funds into their economy by increasing the interest rate over some time. The US dollar has been able to recover the distance it lost to the Euro since the covid-19 crisis which saw the euro hit the 1.23110 mark. As […]
Introduction Top Forex brokers have seen the market sentiment moving in favor of the US dollar as investors move their investments into a safe haven since the war in Ukraine continues and the Russian aggression increases against the people of Ukraine. The European Union has been deliberating on the new sanction to impose on Russian […]
Introduction The forex platforms are expected to see some reaction from traders and other market participants as the EURUSD price approach the pre-pandemic zones. The last ECB meeting was a disappointment for the Euro currency as the members left monetary policy unchanged and no date was set for ending the Asset Purchased program. EURO and […]
EURUSD Forecast for Forex Introduction This week’s trading activity started with a gap in the financial market as the economic and political uncertainties are on the rise and investors’ and Indian forex brokers’ sentiment is not certain. The decision of the Federal Reserve on the sharp interest-rate hikes and balance sheet reduction is aimed at […]
EURUSD Forecast for Forex Introduction The Euro currency is expected to make some gains as we expect the peace talk between the Russia and Ukraine representatives to take a positive direction. Traders in India will also be paying attention to the forex platform as the US (NFP) news released during the trading week, a positive […]
EURUSD Forecast for Forex Introduction The EURUSD currency pair saw a slowing of volatility on major Forex as the trading week resumes as the current war between Ukraine and Russia escalates and major stocks have declined since the Russian army seized one of Europe’s biggest nuclear powers and the demand for the safe-haven asset is […]