EUR/USD Price Forecast: Tests nine-day EMA support near 1.1850

What's driving the euro to outperform USD for 2nd year in a row?

The euro is beating the dollar for the second straight year, and the numbers are clear. The euro opened at 1.1872 and the previous close was 1.1868. According to data from TradingView, the euro’s year-to-date return stands at 0.91%. And during Monday’s session, price traded between 1.1849 and 1.1878. Over the past 52 weeks, it has ranged from 1.0360 to 1.2081. The dollar has dropped 1.3% this year against a basket of peers that includes the euro…

Euro extends sideways grind ahead of next breakout

EUR/USD fluctuates in a narrow channel below 1.1900 in the European session on Monday after posting small gains in the previous week. The pair’s trading action is likely to remain subdued in the short term, with stock and bond markets in the US remaining closed in observance of the Presidents Day holiday. Euro Price Last 7 Days The table below shows the percentage change of Euro (EUR) against listed major currencies last 7 days. Euro was the st…

Euro to Dollar Forecast: USD Confidence Tested as EUR Holds Near 1.18

The Euro to Dollar exchange rate (EUR/USD) is holding near 1.18 after failing to sustain a move above 1.19, as stronger US jobs data steadied the dollar while markets continue to question longer-term confidence in US policy, Federal Reserve direction and global capital flows.

EUR/USD Price Forecast: Tests nine-day EMA support near 1.1850

EUR/USD inches lower during the Asian hours on Monday, trading around 1.1870 at the time of writing. The 14-day Relative Strength Index (RSI) momentum indicator at 56 (neutral) stays above the midline, confirming improving momentum.