Tag: Euro Forecast

October 06, 2014 BY Mike Fox

Swissquote Daily Technical Report: EUR/USD - Challenging the 1.2500 threshold

In Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and AUD/USD. To view and download the entire report, click here (PDF). EUR/USD: Challenging the 1.2500 threshold • EUR/USD continues to move lower, confirming persistent selling pressures.…

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September 15, 2014 BY Mike Fox

Citi's top forex technician: Euro headed to parity

It a bold statement a top Citibank FX technician called for the Eurodollar exchange rate to head to parity and even below. This could remind you of the sovereign debt crisis which started to bubble 2010 across Europe when predictions for parity were also made. However, the euro ended up going on recovery rally. Either…

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