EUR/USD Price Forecast: Sits near weekly top around 1.1450 as bulls flirt with 23.6% Fibo.
Euro: Sideways trading outlook against US Dollar – Rabobank
Euro falls back as US Dollar recovers early losses
Euro: Early gains against US Dollar at risk on Fed story – ING
Euro: Hawkish Fed keeps gains contained against US Dollar – Commerzbank
Euro: Support zone key for next leg against US Dollar – UOB
The US has resumed strikes on Iran after attacks on commercial shipping transiting the Strait of Hormuz, raising the prospect that markets may once again have to price the risk of prolonged disruption to one of the world's most important energy chokepoints.
EUR/USD Price Forecast: Bears retain control within descending channel
Euro: Energy repricing shapes outlook against US Dollar – ABN AMRO
The EUR/USD edged only slightly lower, showing surprising resilience for now while European equity markets took the brunt of the sell-off, as tensions in the Middle East made an unwelcome return with renewed intensity. A sharp rebound in crude oil prices has quickly become the dominant market theme again, overshadowing economic data and forcing investors back into defensive positions.
EURUSD is still holding above the Intraday support at 1.1380 while the advance scenario still applies. Traders need to watch the support of 1.1380 after President Donald Trump declared the ceasefire between the US and Iran is over which could increase the dollar's strength, creating pressure on the market.
EUR/USD Price Forecast: Euro hesitates above 1.1400 as geopolitical risks mount