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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 – 12th Sept to 16th Sept 2016

Technical Outlook: Last week’s analysis we mentioned about EURUSD retracing to 1.1300. As expected, the ECB meeting sent the euro briefly higher but soon enough prices fell back sharply. The price action on the 4-hour EURUSD chart shows a potential head and shoulders pattern in the making, which could be very bearish for the euro. […]

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EURUSD Weekly Forex Forecast – 5th Sept to 9th Sept 2016

Technical Outlook: EURUSD has been testing the 1.1150 – 1.1130 support level with Friday’s price action sending prices back to this support level. In the process, EURUSD has been consolidating inside a wedge pattern. As long as support at 1.1150 – 1.1130 holds, watch for a potential upside in EURUSD this week. Following a breakout […]

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EURUSD Weekly Forex Forecast – 29th Aug to 2nd Sept 2016

EURUSD Weekly Forex Forecast – 29th Aug to 2nd Sept 2016 Technical Outlook:EURUSD has broken the trend line and the horizontal support at 1.1230 – 1.1200. The declines could be extended to the next support at 1.1139. Look for a near term pullback to the price zone of 1.1230 – 1.1200 to go short. The […]

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EURUSD Weekly Forex Forecast – 22nd Aug to 26th Aug 2016

Technical Outlook: EURUSD posted an 8-week high last week near 1.1360 before pulling back by Friday’s close. Major resistance is seen at 1.1389 but we expect EURUSD to pull back towards the support at 1.1230 – 1.1200 before we can expect further gains. Alternately, a continued bullish momentum could keep EURUSD rising towards the resistance […]

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EURUSD Weekly Forex Forecast – 15th Aug to 19th Aug 2016

Technical Outlook: EURUSD has moved into a ranging pattern for the most part of this year. On the smaller time frame, the sideways pattern is more evidenced by the resistance price level at 1.120 and the support price level at 1.10. On the 4-hour chart, Friday saw a retest of the falling trend line, formed […]

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