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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 – 16th to 20th April 2018

Technical Outlook: The EURUSD was seen rising to fresh weekly highs near 1.2385 last week. However, price action quickly gave up the gains to settle back near the lower end of the support at 1.2323. In the process, the EURUSD is forming a potential bearish flag pattern near the support. A breakdown below 1.2323 could […]

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EURUSD Weekly Forex Forecast – 9th to 13th April 2018

Technical Outlook: The EURUSD currency pair touched down just a few pips shy off the 1.2213 handle which marks a strong level of support. The consolidation over the past few weeks has resulted in EURUSD forming a descending wedge pattern. Watch for a near term decline to 1.2250 where support could be established. A reversal […]

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EURUSD Monthly Forex Forecast for April 2018

Technical Outlook: The EURUSD maintained a range within 1.2443 and 1.2240 levels for the most of last month. Price action continues to consolidate within these levels and suggests that there could be a potential breakout from this range in the month ahead. We could see some short term gains in price as EURUSD continues to […]

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EURUSD Weekly Forex Forecast – 2nd to 6th April 2018

Technical Outlook: The EURUSD continues to play the range as price action over last Wednesday and Thursday was seen giving up the gains from earlier in the week. EURUSD maintains the range within 1.2466 and 1.2213 levels with the near term support seen at 1.2323. Following last Thursday’s break down below 1.2323, we expect to […]

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EURUSD Weekly Forex Forecast – 26th to 30th Mar 2018

Technical Outlook: The EURUSD was seen attempting to breakout to the upside once again last week but failed as price action was seen reversing the gains near the falling trend line. The rather long sideways price action consolidation has resulted in what could be a potential descending triangle pattern. Support is seen at 1.2213 – […]

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EURUSD Weekly Forex Forecast – 19th to 23rd Mar 2018

Technical Outlook: The EURUSD continues to trade sideways in the medium to longer term horizon with the support level established around 1.2213 – 1.2184 holding the declines. However, in the near term, the EURUSD’s consolidation is shaping into a head and shoulders pattern as seen on the 4-hour chart, formed over the past few months. […]

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EURUSD Weekly Forex Forecast – 12th to 16th Mar 2018

Technical Outlook: The EURUSD was seen continuing to drift to the upside with price posting a strong reversal after initially falling to the support level at 1.2213 – 1.2184. Last week’s ECB meeting saw the euro rallying ahead of the meeting before easing back. The EURUSD continues to trade sideways within the resistance and the […]

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EURUSD Forex Forecast for March 2018

Technical Outlook: The EURUSD has been trading within a range over the past few months with price action consolidating near the 1.246 – 1.2242 level. This strong consolidation has led to the euro currency stalling the gains around 1.2500 region and in the process forming a double top pattern. The short term base has been […]

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EURUSD Weekly Forex Forecast – 5th to 9th Mar 2018

Technical Outlook: The EURUSD was seen posting declines last week but price action reversed those losses towards the latter part of the week. The overall trend remains flat with prices recovering the declines from the early part of the week towards Friday’s close. The EURUSD was seen rising back to the breached resistance level at […]

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EURUSD Weekly Forex Forecast – 26th Feb to 2nd Mar 2018

Technical Outlook: The EURUSD was seen posting declines last week with investors going back to favoring the USD. Price action was seen falling past the support level near 1.2361 – 1.2331. The break down last week below this level indicates further downside momentum in price. On Friday, the EURUSD managed to briefly rise back to […]

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