EUR/USD outlook

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD saw a bullish previous week possibly creating a further bullish set up.

Economic Calendar Analysis


No significant levels of volatility should be expected.

EUR/USD hourly chart analysis

Bullish trends could drive EUR/USD to 1.0600, while bearish pressure may push it down to 1.0300, depending on economic factors and market sentiment.

Hourly Chart

EUR/USD daily chart's review

On the daily time frame, sideways price action should be considered until the market provides a clear directional bias. A resistance level of 1.06100 may confirm bullishness if broken. A support level of 1.01800 may indicate a bearish trading bias.



Daily chart




Traders sentiment is bullish






Although bullishness in the FX pair may be observed from a technical analysis standpoint, no significant trading basis has occurred.

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