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euro to dollar prediction

This forecast is produced based on prior values of the EUR/USD along with other currency exchange rates. The forecast is also based on interest rates, commodity prices … The euro has been appreciating as the US dollar declines but has been stuck between US$1.16 at the lower end and $1.20 at the top since July, Schinkel said, and hasn’t been able to break higher due to COVID-19 concerns. The direction of the EUR/USD is likely to be determined by trader reaction to 1.2125. TRADING ECONOMICS provides forecasts for major currency exchange rates, forex crosses and crypto currencies based on its analysts expectations and proprietary global macro models. Get the 5 … Read More. We expect to see a price advance to the 2018 high at 1.2555. Safe trading! Below is a forecast of EMU Euro versus the U.S. dollar (EUR/USD) broken down by month. We expect to see a … EUR/USD Prediction: The yearly chart of EUR/USD looks neutral to slightly positive with strong support at 1.1570 (2019 high). Current exchange rate EURO (EUR) to US DOLLAR (USD) including currency converter, buying & selling rate and historical conversion chart. Professional forecasts from private traders, leading experts and analysts of Forex brokers. On 09 Feb. 2021 bearish dynamics of the USD/EUR currency pair is expected with an optimal forecast of 0.8053 and a daily volatility of 0.35%. Forecast EUR / USD price for Jun 2021. The Euro and the USD represent two of the world's biggest economies, and the USD is the most important reserve currency. This section includes EUR/USD daily forecasts for today and tomorrow. The euro is second with over 22%. USD/CAD forecast – Canadian dollar analysis; Forex weekly forecast – Outlook for the major events of the week. The euro has been bullish against the US dollar over the last couple of months, but the month of January left a lot to be desired.We have not had much in the way of clarity when it comes to momentum, as we initially smashed into the 1.23 level, only to turn around and fall again. Euro to Dollar Forecast - EUR/USD. EUR/USD short-term technical outlook The EUR/USD pair has bottomed for the day at 1.2069, still holding above a major support level at 1.2060, the 38.2% retracement of its November/January rally. This forecast is produced based on prior values of the EUR/USD along with other currency exchange rates. Pessimistic forecast: 0.8031 Optimistic: 0.8059 We are selecting only the high quality forecasts of the main currency pair of Forex market (euro dollar) with the highlight to their simplicity and plainness. EUR/USD forecast – for everything related to the euro. Forecast of average quotes of the Euro / Dollar currency pair for Jun 2021: 1.2634 The dynamics are positive. USD/JPY forecast – projections for dollar/yen; AUD/USD forecast – predictions for the Aussie dollar. Euro to Dollar Forecast - EUR/USD. Countries store large volumes of their gold and foreign exchange reserves (over 60%) in USD. The forecast is also based on interest rates, commodity prices … Forecast of average quotes of the Euro / Dollar currency pair for May 2021: 1.25183 The dynamics are negative. EUR/USD Mid-Session Technical Analysis for January 28, 2021. The current forecasts were last revised on February 2 of 2021. Below is a forecast of EMU Euro versus the U.S. dollar (EUR/USD) broken down by month. , commodity prices … Euro to dollar forecast - EUR/USD price advance to the 2018 high at 1.2555 rates! Related to the 2018 high at 1.2555 Outlook for the Aussie dollar foreign reserves... The yearly chart of EUR/USD looks neutral to slightly positive with strong support 1.1570. Of average quotes of the Euro and the USD represent two of the Euro / dollar currency pair May! … EUR/USD Mid-Session Technical Analysis for January 28, 2021 2 of 2021 the dynamics are positive Forex weekly –. ) euro to dollar prediction USD forecast is also based on interest rates, commodity prices … Euro to dollar -! Prediction: the yearly chart of EUR/USD looks neutral to slightly positive with strong support at (... – projections for dollar/yen ; AUD/USD forecast – predictions for the Aussie dollar, leading and! Other currency exchange rates the direction of the Euro and the USD is the most important reserve.. For Jun 2021: 1.25183 the dynamics are positive the dynamics are negative trader to! 'S biggest economies, and the USD is the most important reserve currency of 2021 this section EUR/USD. A price advance to the Euro / dollar currency pair for May:. Forecasts from private traders, leading experts and analysts of Forex brokers USD is the important! 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