Credit Agricole urges not to buy EUR.

Credit Agricole analysts suggested investors to avoid buying EUR. “We expect the single currency to remain subject to downside risks. This is especially true as the latest UK-related development is likely to increase political uncertainty in the EU further and as more muted growth prospects should keep the ECB in a position to consider additional […]

UOB is bearish on EUR/USD.

UOB provided its outlook on EUR/USD, mentioning that it’s possible the rate to drop 1.0900 areas. “EUR broke several key supports last Friday and dropped to a low of 1.0905/10. The short-term rebound from the low appears to be corrective in nature and a break below 1.0905/10 could lead to further drop to the very […]

UOB will turn bearish if EUR/USD falls below 1.12.

UOB analysts are still neutral on EUR/USD, however they stated that in case of the pair closing below 1.1200, they will revise their outlook to bearish. “While the downward momentum has eased somewhat after the rebound from the low of 1.1231 yesterday, the undertone for EUR is still weak and the immediate risk is tilted […]

Commerzbank’s outlook on EUR/USD.

Karen Jones, Head of FICC Technical Analysis at Commerzbank provided an outlook on EUR/USD on Friday. “EUR/USD is starting to bounce from the critical 1.1102/1.1058 key support. This is the location of the 200 day ma, the 55 week ma, the December high, the March 16 low and the short term uptrend. This is major […]

Neutral outlook on EUR from Morgan Stanley.

According to the analysts from Morgan Stanley EUR/USD will fluctuate in the current range in the near term. “We expect EURUSD to be driven mainly by the USD leg in the short term, supporting some downside as it has broken the April low of 1.1220. We believe the currency will find it difficult to rally […]

Danske recommends to sell EUR/USD.

Danske analysts suggested to sell EUR/USD as they believe that the rate will drop in near term, driven by these three facts: “(1) positioning is now much cleaner than earlier in the year, (2) we believe that the market is too negative about the US economy, (3) we believe that Brexit risks will weigh on […]

EUR/USD will trade above 1.15 according to Scotiabank.

Scotiabank analysts provided their bullish outlook on EUR/USD. “European data releases came in weaker than expected overall – softer service sector activity (PMI) and weaker than expected retail sales… It appears, once again, as if the EUR/USD rally has stalled above 1.15 – which has been a graveyard for EUR longs over the past year” […]

UOB thinks that EUR/USD will decline to 1.1300.

According to the analysts at UOB, EUR/USD will move down to 1.1300 area in a short-term. “We just shifted to a neutral stance last Friday and there is no change to the view. The current movement is viewed as corrective pull-back which has scope to extend lower to 1.1300 but at this stage, a sustained […]

Lloyds Bank thinks EUR/USD will climb to 1.23.

Lloyds Bank is bullish on EUR/USD pair, mentioning that it is possible the pair will hit the 1.23 areas. “Aligned with general USD weakness, the EUR has now cleared important technical resistance in the 1.14-1.1465 region. This is a major break, as previously any moves to the 1.14 region have been quickly thwarted. As we […]
page 1 of 6