Previous forecasts
Browse earlier EUR/USD outlooks and analysis.
13Nov 2023
The EURUSD pair represents the exchange rate between the Euro (EUR) and the US Dollar (USD). Factors affecting this currency pair include key economic indicators from the Eurozone and the United States, such as interest rate decisions by the European Central Bank…
Read forecast: EUR/USD Forecast — 13 November 2023
24Oct 2023
The EURUSD currency pair is exhibiting a descending channel formation, emphasizing a bearish momentum in recent times. The price action within this channel shows that the pair has repeatedly tested the lower boundary, suggesting robust support levels. Furthermore, as we approach the…
Read forecast: EUR/USD Forecast — 24 October 2023
6Oct 2023
Based on the 4-hour chart for EURUSD, the currency pair is trading near the upper Bollinger band at 1.05426, indicating potential overbought conditions. This is further emphasized by the proximity to the upper band level of 1.05586. The MACD line, currently at…
Read forecast: EUR/USD Forecast — 6 October 2023
26Sep 2023
On the 4-hour chart of BTCUSD, the short-term Simple Moving Average (SMA) has recently crossed below the long-term SMA, signaling a potential bearish trend. This bearish crossover often suggests the momentum has shifted towards sellers, especially when combined with other indicators. The…
Read forecast: EUR/USD Forecast — 26 September 2023
18Sep 2023
The EURUSD currency pair is displaying mixed signals. The shorter-term Simple Moving Average (SMA) is on the verge of crossing below the longer SMA, which can be interpreted as a potential bearish signal. However, the Relative Strength Index (RSI) has moved from…
Read forecast: EUR/USD Forecast — 18 September 2023