Today News : EUR/USD [20 OCT 2021]

EUR/USD eyes further gain towards the
four-month downtrend at 1.1741

EUR/USD seems to have gone into a consolidation phase
around 1.1650 on Wednesday. In the view of Karen Jones,
Team Head FICC Technical Analysis Research at Commerzbank,
the pair is set to see gains towards the four-month downtrend at 1.1741.

EUR/USD Recovery, EUR/GBP Reversal Risk

EUR/USD: As I noted in the weekly USD outlook,
buoyant risk appetite and soaring commodity prices have
sapped demand from the greenback. 

EUR/USD Mid-Session Technical Analysis for
October 19, 2021

The Euro is trading better but off its highs on Tuesday with the 
single currency benefiting fromU.S. Dollar weakness.
Last week, the Euro was pressing a multi-month low at 1.1524.

EUR/USD Price Forecast – Euro Breaks Barrier

The Euro has broken above the 1.1650 resistance barrier,
an area that has been important over the last several weeks.
At this point, the market is likely to go higher and looking towards.

An inverse head-and-shoulder targets 1.1750

The EUR/USD climbs during the New York session, up some
0.22%, trading at 1.1636 at the time of writing.
The market sentiment remains upbeat, as major US stock.