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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 – 24th to 28th April 2017

Technical Outlook: EURUSD rallied off the support near 1.063 – 1.0610 and reached the target of 1.0770 before turning lower by Friday’s closed. With the French elections on Sunday, EURUSD will be without a doubt opening with a gap. It will depend on the outcome of the elections, as there is chance for an upside […]

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

Technical Outlook: EURUSD has been consolidating near the 1.0630 – 1.0610 support level for the most of last week and price action even attempted to breakout above this support level but failed. By Friday’s close, EURUSD was seen settling back at the support level. The risks are currently balanced as price could shift in either […]

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

Technical Outlook: EURUSD has slipped below 1.0600 on Friday with the 4-hour candlestick closing with a doji. Depending on how Monday’s session opens we can expect to see some upside bias in prices. However, for this to occur, EURUSD must close back above 1.0600 and preferably above 1.0630 to confirm a continuation to the upside […]

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

Technical Outlook: EURUSD posted strong gains last week despite opening the week gapping higher. The declines came in a reversal that was surprising as the U.S. dollar index was also looking weaker. Price action is now short of a few pips from the support level at 1.0630 – 1.0600 region. Expect EURUSD to possibly bounce […]

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EURUSD Weekly Forex Forecast – 27th to 31st Mar 2017

Technical Outlook: EURUSD closed just around the 1.0800 resistance level which has been tested multiple times. The price action on the 4-hour chart along with the Stochastics is pointing to a potential downside correction in prices. EURUSD broke out from the rising wedge pattern but rallied back to test the previous highs. The break down […]

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EURUSD Weekly Forex Forecast – 20th to 24th Mar 2017

Technical Outlook: EURUSD closed the week hovering near 1.0750 level as mentioned in last week’s analysis. Price action could remain flat near the current levels as we expect a minor decline in the near term. Support level at 1.0630 – 1.0610 will be of importance as a break down below this support zone could shift […]

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EURUSD Weekly Forex Forecast – 13th to 17th Mar 2017

Technical Outlook: EURUSD was bullish as expected, but not before prices slipped below 1.0567 support level. Ideally that move would have flushed out potential long positions before the rally. With prices closing near 1.0673 on Friday, expect to see some short term declines in EURUSD back towards 1.0610 support level which previously acted as resistance […]

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EURUSD Weekly Forex Forecast – 6th to 10th Mar 2017

Technical Outlook: EURUSD broke out from 1.0567 resistance level on Friday and prices broke out from the falling trend line since early February. Expect to see a minor retracement/pull back towards 1.0567 following which further gains can be expected. The next main resistance sits at 1.0673, followed by a move towards 1.0750. The outlook for […]

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EURUSD Weekly Forex Forecast – 27th Feb to 3rd Mar 2017

Technical Outlook: EURUSD has posted declines for three consecutive weeks so far with price action hovering near the 50% mark at 1.0584 from the lows of 1.0340 from 03 January and the highs of 1.0828 from 02 February. On the 4-hour chart, EURUSD is seen consolidating within a potential descending wedge pattern. Watch for EURUSD […]

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EURUSD Weekly Forex Forecast – 20th to 24th Feb 2017

Technical Outlook: EURUSD attempted to rally off 1.0520 but the bounce was short-lived as prices quickly reversed back lower to a few pips above 1.0600 support. We expect to see further declines towards 1.0600, with th 4-hour Stochastics showing a hidden bearish divergence on the charts. Watch for the previous low established at 1.0520, which […]

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