-
EUR/USD Forecast: Trades Near The 1.2000 Threshold, Bullish In The Near-Term
Wednesday, March 17, 2021 - 5:53pm | 493Read More...EUR/USD Current Price: 1.1979 The US Federal Reserve dot-plot hints at an ultra-loose policy for longer. US Fed chief Jerome Powell that “transitory” inflation won’t change their view. EUR/USD trades near the 1.2000 threshold, bullish in the near-term. Trading was dull...
-
AUD/USD Forecast: Trades Lower In Range And Could Accelerate Its Decline Once Below 0.7690
Tuesday, March 16, 2021 - 4:24pm | 375Read More...AUD/USD Current Price: 0.7746 RBA Minutes hinted at an ultra-loose monetary policy at least until 2024. US indexes edged lower after struggling to post some gains. AUD/USD trades lower in range and could accelerate its decline once below 0.7690. The AUD/USD pair is pretty much unchanged, around...
-
EUR/USD Forecast: Bounced Just Modestly From A Critical Fibonacci Support Level
Tuesday, March 16, 2021 - 4:21pm | 551Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. EUR/USD Current Price: 1.1902 The EUR eased despite the broad dollar’s weakness amid vaccination pause. The US Federal Reserve will...
-
AUD/USD Forecast: Posted A Lower Low Daily Basis, Which Skews The Risk To The Downside
Monday, March 15, 2021 - 4:17pm | 362Read More...AUD/USD Current Price: 0.7750 The Reserve Bank of Australia will publish the Minutes of its latest meeting. US indexes trimmed intraday losses ahead of the close, helping AUD/USD. AUD/USD posted a lower low daily basis, which skews the risk to the downside. The AUD/USD pair trades in the 0.7750...
-
EUR/USD Forecast: Mildly Bearish In The Near-Term, Needs To Break The 1.1885 Support
Monday, March 15, 2021 - 4:14pm | 446Read More...EUR/USD Current Price: 1.1926 US Treasury yields reached fresh one-year peaks, later trimmed intraday gains. The focus now shifts to US Retail Sales, foreseen contracting by 0.5% in February. EUR/USD is mildly bearish in the near-term, needs to break the 1.1885 support. The EUR/USD pair...
-
AUD/USD Forecast: Could Extend Its Advance But Needs To Firm Up Above 0.7810
Thursday, March 11, 2021 - 5:23pm | 347Read More...AUD/USD Current Price: 0.7785 Australian March Consumer Inflation Expectations were up 4.1%, beating expectations. Wall Street flirted with all-time highs, maintaining aussie on the bullish side. AUD/USD could extend its advance but needs to firm up above 0.7810. The AUD/USD pair peaked at 0....
-
EUR/USD Forecast: Approaches 1.2000, Could Extend Gains In The Upcoming Sessions
Thursday, March 11, 2021 - 5:20pm | 487Read More...EUR/USD Current Price: 1.1987 The ECB will increase the pace of bond-buying “significantly,” starting today. Lower US Treasury yields amid stimulus-related news weighed on the greenback. EUR/USD approaches 1.2000, could extend gains in the upcoming sessions. The EUR/USD pair...
-
AUD/USD Forecast: Neutral-To-Bullish, Needs To Extend Advance Beyond 0.7770
Wednesday, March 10, 2021 - 4:47pm | 372Read More...AUD/USD Current Price: 0.7731 The Australian Westpac Consumer Index improved in March to 2.6%. The greenback remained on the back foot amid weaker yields, poor data. AUD/USD is neutral-to-bullish, needs to extend advance beyond 0.7770. The AUD/USD pair trades around 0.7730 heading into the US...
-
EUR/USD Forecast: Posted A Modest Advance, Still Not Out Of The Woods
Wednesday, March 10, 2021 - 4:42pm | 400Read More...EUR/USD Current Price: 1.1917 US core February inflation contracted to 1.3% YoY, hitting the greenback. The ECB is having a monetary policy meeting this Thursday. EUR/USD has posted a modest advance, still not out of the woods. The EUR/USD pair peaked for the day at 1.1924 but trimmed its modest...
-
AUD/USD Forecast: Turned Marginally Positive, Could Advance Further
Tuesday, March 9, 2021 - 4:52pm | 347Read More...AUD/USD Current Price: 0.7713 Upbeat Australian and equities’ advancing provided support to the aussie. RBA Governor Philip Lowe is due to speak on the economic recovery and the monetary policy. AUD/USD has turned marginally positive, could advance further. The AUD/USD pair advanced this...
-
EUR/USD Forecast: Corrected Extreme Oversold Conditions, Is Still At Risk Of Falling
Tuesday, March 9, 2021 - 4:49pm | 433Read More...EUR/USD Current Price: 1.1896 The American dollar eased alongside US Treasury yields, retains most of its March gains. The EU Q4 Gross Domestic Product was downwardly revised to -0.7%. EUR/USD has corrected extreme oversold conditions, is still at risk of falling. The EUR/USD pair was...
-
AUD/USD Forecast: Retains Its Bearish Stance In The Near-Term
Monday, March 8, 2021 - 5:11pm | 339Read More...AUD/USD Current Price: 0.7664 Gold prices fell to fresh 2021 lows, weighing on the Australian dollar. Australia will publish this Tuesday, February NAB’s business indexes. AUD/USD retains its bearish stance in the near-term. The AUD/USD pair fell for a fourth consecutive day, finishing it...
-
EUR/USD Forecast: Hovers Near Daily Lows, Maintaining Its Bearish Stance In The Near-Term
Monday, March 8, 2021 - 5:07pm | 452Read More...EUR/USD Current Price: 1.1853 US Treasury yields flirted with one-year highs as investors welcomed stimulus news. The focus shifts to US House voting on US President Joe Biden’s stimulus bill. EUR/USD hovers near daily lows, maintaining its bearish stance in the near-term. The EUR/USD...
-
AUD/USD Forecast: In A Corrective Decline, Further Slides Expected Once Below 0.7865
Thursday, February 25, 2021 - 6:26pm | 321Read More...AUD/USD Current Price: 0.7914 Risk-related sentiment saw AUD/USD swing between a 140 pips range. Australian macroeconomic data keeps surpassing the market’s expectations. AUD/USD is in a corrective decline, further slides expected once below 0.7865. The AUD/USD pair hit 0.8006, a three-...
-
EUR/USD Forecast: Retreats From Fresh 2021 Highs, Holds Above Critical Fibonacci Level
Thursday, February 25, 2021 - 6:18pm | 447Read More...EUR/USD Current Price: 1.2190 The US Q4 Gross Domestic Product was upwardly revised to 4.1%, as expected. US Treasury yields’ rally spurred demand for high-yielding assets. EUR/USD retreats from fresh 2021 highs, holds above critical Fibonacci level. The EUR/USD pair peaked at 1....
















