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Category Archives for "EURUSD Weekly Forex Forecast"

Every week we recap the previous week and forecast the following week where we think the EURUSD will be heading in our EURUSD Weekly Forex Forecast. We know you will like our short but concise EURUSD analysis.

EURUSD Weekly Forex Forecast – 14th to 18th Aug 2017

Technical Outlook: The EURUSD dipped to 1.1728 last week to establish support. Price action rallied back to retest the 1.1825 level before closing the 4-hour session at 1.1824. Resistance level is seen at this level which briefly played out as a support level two weeks ago. With resistance being formed here, EURUSD is likely to […]

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EURUSD Weekly Forex Forecast – 7th to 11th Aug 2017

Technical Outlook: EURUSD continued to post strong gains as the currency pair broke toward 1.1900 briefly last week. However, a strongly better than expected nonfarm payrolls for the month of July sent the U.S. dollar stronger. EURUSD closed bearish as a result. Price action briefly dipped to 1.1728 as a result before the common currency […]

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EURUSD Weekly Forex Forecast – 31st July to 4th Aug 2017

  Technical Outlook: The EURUSD continues to post higher highs and higher lows suggesting that the uptrend is intact. A clear confirmation of a change is required in the EURUSD only then will the downside bias confirm the view. Currently, on the 4-hour chart, EURUSD is seen testing the previous highs that was formed. However, […]

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EURUSD Weekly Forex Forecast – 31st July to 4th Aug 2017

  Technical Outlook: The EURUSD continues to post higher highs and higher lows suggesting that the uptrend is intact. A clear confirmation of a change is required in the EURUSD only then will the downside bias confirm the view. Currently, on the 4-hour chart, EURUSD is seen testing the previous highs that was formed. However, […]

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EURUSD Weekly Forex Forecast – 24th to 28th July 2017

Technical Outlook: The EURUSD continued its strong rally last week and managed to maintain the bullish momentum. Weaker U.S. dollar alongside a slightly hawkish ECB saw the currency pair well supported to the upside. Price rallied to a two and half year high as a result closing on friday at 1.1664 but not before testing […]

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EURUSD Weekly Forex Forecast – 17th to 21st July 2017

  Technical Outlook: The EURUSD continued to maintain the bullish bias with price posting a strong reversal after falling to 1.1400 handle. The upside momentum is currently showing some weakness with the 4-hour Stochastics currently still lower. There is also the possibility that EURUSD is carving out a head and shoulders pattern. Watch for a […]

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EURUSD Weekly Forex Forecast – 10th to 14th July 2017

Technical Outlook: The EURUSD continued to remain consolidating around the 1.1400 region as noted in last week’s commentary. Price action managed to briefly reclaim the 1.1400 level before giving up some the gains only to rally back after Friday’s payrolls report. The formation of a lower high above 1.1400 signals a near term weakness in […]

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EURUSD Weekly Forex Forecast – 3rd to 7th July 2017

Technical Outlook: EURUSD surprised to the upside last week. The gains came on a surprisingly hawkish comments from the ECB President Mario Draghi. There was no pullback to the rally, and price action remained firmed as EURUSD tested $1.1400 handle and running higher to post a 2-year high. In the near term, it is best […]

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EURUSD Weekly Forex Forecast – 26th to 30th June 2017

Technical Outlook: EURUSD rallied to the resistance level of 1.1200 by Friday’s close. This suggests that near term downside is likely to prevail in the EURUSD with the previous support tested at 1.1126 likely to be tested in the near term. Further downside can be seen coming on a break down below this support at […]

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EURUSD Weekly Forex Forecast – 19th to 23rd June 2017

Technical Outlook: EURUSD managed to recover the FOMC induced losses on Friday as price action closed at $1.1197. This near term retracement coincides with the resistance level of 1.1200 – 1.1197. A reversal off this level could signal a continuation to the downside. However, a close above this level will see EURUSD continue to push […]

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