Despite expectations for a potential pull-back in EUR/USD down to the 1.1200 floor, in the medium-term the technical outlook is more bullish than bearish.
June 5,2019
The Euro was stable against a weak Dollar on Tuesday even after inflation date for the month of May surprised sharply on the downside, potentially posing an awkward question to the European Central Bank (ECB) on Thursday, although the single currency is currently focused on events across the Atlantic.
June 4,2019
The Euro advanced against a weakened Dollar Monday but it still lacks the impetus to clear a key resistance level that is nearby and political risks facing the single currency are now escalating.
June 3,2019
The Euro could turn higher against the U.S. Dollar in the near future suggest our latest technical studies but much will depend on the outcome of this week's ECB meeting.
June 2,2019
The impact of month-end flows on foreign exchange markets is not as predictable as it once was says Brent Donnolly, a trader at HSBC.
May 30,2019
The Euro was lower in a risk averse market Wednesday and could remain on its back foot for a while yet, according to technical analysts at Commerzbank, who say alleviating downside pressures is a "tall order" for the single currency at present.
May 29,2019
Bearish bets on EUR/USD are now so heavy they could actually limit the danger of any deep losses while the threat of a short-covering rebound rises sharply.
May 29,2019
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