EUR/USD Price Forecast – Euro continues to grind

The Euro pulled back during the trading session on Wednesday but is starting to show signs of buying pressure on short-term charts. With this being the case, I think that the market will continue to respect this area around the…

EUR/USD Mid-Session Technical Analysis for February 13, 2019

The Euro is trading slightly better on Wednesday. The currency is being supported by a weaker U.S. Dollar. The greenback is being pressured by the shedding of safe-haven positions in reaction to the optimism over U.S.-China trade relations and the…

Lunar New Year Subdues Trade, Earnings Optimism Supports Equities, Google Earnings On Tap

Some Asian Markets Closed For Lunar Year The Chinese Lunar New Year Holiday began this weekend which means markets in key economic regions are closed this week. On the list are China and Korea, two important players on the tech…

EUR/USD Mid-Session Technical Analysis for February 12, 2019

The Euro is trading higher on a weaker U.S. Dollar amid renewed optimism over a trade deal between the United States and China, and reports that Republicans and Democrats have struck a deal to avert a government shutdown. The move…

EUR/USD Price Forecast – EUR/USD Consolidates Near Overnight Lows

The EURUSD pair continued its bearish price action for yet another session and during yesterday’s American market hours fell below the critical support level. US dollar managed to pull the price down well below 1.1300 handle which now puts the…

EUR/USD Price Forecast – Euro finds support

The Euro initially fell during the trading session on Monday but found enough support at the 1.13 level to turn things back around and rally a bit. There is a minor trend line there, which could offer a bit of…

EUR/USD Mid-Session Technical Analysis for February 11, 2019

The Euro is under pressure for the seventh day out of eight as investors continue to react to the lowered outlook of the Euro Zone economy by the European Commission. Early last week, the EC slashed its growth forecasts for…

EURUSD Meets a Crucial Long-term Support. What’s next?

A quick look at the charts and you can see that the last six trading days were all bearish. The last time it happened at the end of September and the beginning of October 2018. That time, 6 was enough…

EUR/USD Weekly Price Forecast – Euro falls hard for the week

The Euro has fallen rather hard during the week, slamming towards the 1.13 level at the end of it. However, that is an area that is massive support, and then an area that I think has a lot of importance.…

Silver Price Forecast – Silver markets sideways on Friday

Silver markets have gapped higher during the trading session on Friday, and then went back and forth in a relatively wild range. I think at this point we are looking at major resistance above at the $16 level, so it…

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