GemForex - weekly analysis
The week ahead: Currency Price action at the mercy of the Macro Sentiment
EURUSD Price May Retest $1.1206 Level Before Bullish Reversal Commence
EURUSD is pulling back
EUR/USD Price Analysis: Downside bias remains intact, 1.1250 likely at risk
EUR/USD looks south, with 1.1250 at risks amid firmer USD, yields. Bearish RSI supports the potential move lower towards 1.1200. 1.1300 is the level to beat for the EUR bulls for any meaningful recovery.
CDU's Leadership Election May Affect EUR
The German election will definitely affect the euro's trends.
Resurgence of Covid-19 May Hamper EUR
Recently, the increasing infections of the coronavirus in Europe are threatening the bloc's economic recovery.
Short-Term EUR Remains Constructive as German Sentiment Improves
On Tuesday, the data of German sentiment for September was released, which shows the country is still pushing ahead with the economy.
EURUSD Outlook: Salvini Calls for Elections After Government Majority Dissolves
After weeks of squabbling between Italys de facto leader Salvini and the Five Star party, the deputy prime Minister is calling for a vote to put a new government in place.
Euro at Risk as the ECB Sets Up for a Dovish Policy Trajectory
The Euro may come under pressure as the ECB Forum drafts a dovish policy path while EU bigwigs pick its next President with an eye on that visions execution.
Euro Nervously Eyes ECB Rate Decision, Turmoil in Italy, Trade Wars
Euro traders will find themselves hot under the collar as the ECB announces its rate decision and will likely revise its growth outlook downward.
Euro Cringes Ahead of EU Trade Talks, European Election Results
The Euro may have a tumultuous week ahead after the European election results are announced along with candidates for key positions in EU institutions amid high-level trade talks.
EUR Forecast: Traders Eye Eurozone GDP, Jobs, CPI Data Upcoming
The Euro came under renewed pressure after suffering steep losses against the US Dollar and the Japanese Yen since last Friday. Could EUR face additional downside next week with Eurozone GDP and Inflation data on deck？