Forecasts of EUR/USD

01.07.2020EURUSD, “Euro vs US Dollar”After completing another correctional structure at 1.1260, EURUSD is falling towards 1.1215. Possibly, today the pair may reach this level and then form a new consolidation range around it. If later the price breaks this range to the downside, the market may cont...

30.06.2020EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1218 along with the correction towards 1.1251, EURUSD is expected to fall and break 1.1210 and then continue trading downwards to reach 1.1180. Later, the market may return to 1.1218 to test it from below and then fo...

29.06.2020EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1200, EURUSD is expected to continue the correction and grow to reach 1.1250, at least. Later, the market may form a new descending structure with the target at 1.1150.GBPUSD, “Great Britain Pound vs US Dollar”After ...

26.06.2020EURUSD, “Euro vs US Dollar”After completing the structure at 1.1192, which may be considered as the third wave, EURUSD has broken its channel to the upside. Possibly, today the pair may correct towards 1.1250 and then may form a new descending structure with the first target at 1.1155.GBPU...

25.06.2020EURUSD, “Euro vs US Dollar”EURUSD continues falling with the predicted target at 1.1181. After that, the instrument may correct towards 1.1244 and then may form a new descending structure to reach 1.1144.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading downwards with the predict...

24.06.2020EURUSD, “Euro vs US Dollar”After breaking 1.1280 to the upside and then reaching 1.1345, EURUSD has finished the descending impulse at 1.1300 along with the correction towards 1.1325. Possibly, today the pair may form a new descending structure to reach 1.1260 and then resume continue trad...

23.06.2020EURUSD, “Euro vs US Dollar”After completing the ascending structure at 1.1255, EURUSD is consolidating around this level. Possibly, today the pair may grow to reach 1.1310 and then fall to break 1.1200. Later, the market may continue trading downwards with the target at 1.1100.GBPUSD, “Gre...

22.06.2020EURUSD, “Euro vs US Dollar”EURUSD continues forming the third descending wave towards 1.1100; right now, it is consolidating above 1.1170. Possibly, the pair may correct to reach 1.1220 and then fall towards 1.1155. Later, the market may test 1.1170 from below and then resume trading downw...

19.06.2020EURUSD, “Euro vs US Dollar”EURUSD has expanded the consolidation range down to 1.1185. Possibly, today the pair may grow to test 1.1222 from below and then resume trading downwards with the short-term target at 1.1100.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD continues forming the t...

18.06.2020EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.1222. Possibly, the pair may expand the range up to 1.1290 and then fall to break 1.1200. Later, the market may continue trading downwards with the short-term target at 1.1160.GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD...

17.06.2020EURUSD, “Euro vs US Dollar”After finishing another descending wave at 1.1227, EURUSD is correcting. Possibly, the pair may reach 1.1280 and then fall to break 1.1222. Later, the market may continue trading downwards with the short-term target at 1.1178.GBPUSD, “Great Britain Pound vs US Do...

16.06.2020EURUSD, “Euro vs US Dollar”After finishing the correctional wave at 1.1340, EURUSD is expected to fall towards 1.1307, thus forming a new consolidation range between these two levels. If later the price breaks the range to the downside, the market may form a new descending structure to bre...

15.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.1220, EURUSD is correcting towards 1.1307. Later, the market may fall to reach 1.1259 and then grow to complete the correction at 1.1338. After that, the instrument may start a new decline with the target at 1.1200.GBPUSD,...

12.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.1313, EURUSD is consolidating below this level. If later the price breaks the range to the upside, the market may resume trading upwards to reach 1.1350; if to the downside – start a new decline with the short-term target ...

11.06.2020EURUSD, “Euro vs US Dollar”After expanding the range up to 1.1420, EURUSD is correcting downwards. Possibly, the pair may fall to reach 1.1330, thus forming a consolidation range around 1.1360. If later the price breaks the range to the upside, the market may resume trading upwards to reac...

10.06.2020EURUSD, “Euro vs US Dollar”After extending the descending impulse towards 1.1240, EURUSD has completed the ascending structure at 1.1360, thus forming a new consolidation range between these two levels. Possibly, today the pair may fall to reach 1.1300. If later the price breaks the range ...

09.06.2020EURUSD, “Euro vs US Dollar”After finishing the descending impulse at 1.1270, EURUSD is expected to correct with the target at 1.1330; right now, it is consolidating around 1.1290. If later the price breaks the range to the upside, the market may reach the above-mentioned target; if to the ...

08.06.2020EURUSD, “Euro vs US Dollar”After finishing another ascending structure at 1.1380, EURUSD is correcting downwards to reach 1.1270. Possibly, the pair may reach this level and then grow towards, thus forming a new consolidation range between these two levels. If later the price breaks the ra...

05.06.2020EURUSD, “Euro vs US Dollar”After finishing the correction at 1.1192, EURUSD continues moving upwards to reach 1.1360; right now, it is consolidating above 1.1310. Possibly, the pair may break the range to the upside and reach 1.1380 or even extend this wave up to 1.1412. After that, the in...

04.06.2020EURUSD, “Euro vs US Dollar”After reaching the target of the third ascending wave at 1.1255, EURUSD is falling towards 1.1209. After that, the instrument may correct to reach 1.1233, thus forming a new consolidation range between these two levels. If later the price breaks the range to the ...

03.06.2020EURUSD, “Euro vs US Dollar”After breaking the consolidation range to the upside, EURUSD is expected to continue growing towards 1.1237 or even 1.1250. Today, the pair may reach the former level and then start a new correction towards 1.1175. Later, the market may resume trading upwards wit...

02.06.2020EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.1111. If later the price breaks the range to the downside at 1.1111, the market may correct with the target at 1.1000; if to the upside at 1.1155 – resume trading upwards to reach 1.1193 and then start a new correction towards the...

01.06.2020EURUSD, “Euro vs US Dollar”After finishing another ascending wave at 1.1111, EURUSD is consolidating around 1.1118. Possibly, the pair may expand the range up to 1.1157 and then return to 1.1118. If later the price breaks the range to the upside, the market may start a new growth towards 1...

29.05.2020EURUSD, “Euro vs US Dollar”After breaking 1.1028 to the upside, EURUSD continues moving upwards to reach 1.1100. Possibly, the pair may reach it and then start a new correction to break 1.1066. Later, the market may continue trading inside the downtrend with the target at 1.1028.GBPUSD, “G...

Source: Economic Events May 29, 2020 - Admiral Markets' Forex Calendar Despite the stable performance in 10-year US yields over the last few days, the EUR/USD saw a break above 1.1000. The main driver for the bullishness was the announcement of the EU commission, proposing a 750 Billion Euro fiscal ...

28.05.2020EURUSD, “Euro vs US Dollar”EURUSD is forming a wide consolidation range around 1.0990. Possibly, today the pair may expand the range up to 1.1050 (an alternative scenario). The main scenario implies that the price is expected to trade downwards and reach 1.0935. Later, the market may start...

27.05.2020EURUSD, “Euro vs US Dollar”After finishing the ascending wave at 1.0995, EURUSD has completed the descending impulse towards 1.0955. Possibly, the pair may trade upwards to reach 1.0975 and then fall to break 1.0944. Later, the market may continue moving inside the downtrend with the targe...

26.05.2020EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.0900, EURUSD is trying to break it to the upside. Possibly, the pair may trade upwards to reach 1.0932 and then fall towards 1.0910. Later, the market may form one more ascending structure to complete the correctio...

25.05.2020EURUSD, “Euro vs US Dollar”EURUSD is still trading downwards to reach 1.0880. After reaching it, the pair may start consolidating. If later the price breaks this range to the upside, the market may correct towards 1.0915; if to the downside – resume trading inside the downtrend with the ta...

Source: Economic Events May 22, 2020 - Admiral Markets' Forex Calendar While the economic calendar is quite thin for the weekly close, and market participants may expect forex volatility to be subdued in expectation of the upcoming US bank holiday next Monday, the EUR/USD faces an extremely interest...