Forex Daily Forecast, Analysis and Prediction

Today's movement in the Eur/Usd was small and not much room for trading. The opportunity for larger moves in the Eur/Usd may come tomorrow if we see a break of key levels.

EURUSD trend remains negative, but it looks like bulls still have some gunpowder which can help to initiate another movement upside where trend line can be broken.

EURUSD is starting to form sharply negative trend line after candles moved out under the support level.

EURUSD bears couldn't manage to go under support level yet, however according to the previous strong movement upside this pair still has possibility to reach resistance and give another chance for bulls to break it.

EURUSD has moved under the resistance level, this level stands for a long time and if another break attempt is going to be done by bulls side we can expect to see previous extended trend.

Eur/Usd held the strong gains made during the previous sessions as the Dollar continues to slide. The Dollar lost value verses the Euro again and has been losing for many days in a row.

EURUSD remains positive even though bears did attempt to slide downside. However, resistance line was tested and broken which increased bulls confidence even more.

Eur/Usd has made strong gains during the Asian session as the Dollar continues to slide. The Dollar made a comeback yesterday but was short lived as the pair bounced off of the 1.4600 resistance level and continued to rise again.

EURUSD is bouncing back and forwards in a low range between support and resistance levels. Even though prices were declined, bulls instantly got it back above support price level.

EURUSD upside movement did calm down for a while, but a trend still remains positive, however this trend line can be broken soon.

The Euro has been on a tremendous run on the Eur/Usd Pair over the last two weeks. You can see this strong run on the daily chart that there has been have had 10 straight days of gains.

EURUSD remains positive, and trend still stays valid. Upside movement can be expected to be continued while the trend line stays and bulls are above resistance level.

The pound has been under pressure lately and we could see selling in this pair continue as the recent unemployment data was announced to have hit a 12 year high.

EURUSD bulls did break another resistance and extended their prior movement today too. Even though the moves are not that sharp, this pair and it's trend is looking only upside now.

This pair has been in a trading range for several months without a break out with the exception of a short break out in the first couple of days in August.