Safe trading! Professional forecasts from private traders, leading experts and analysts of Forex brokers. USD/CAD forecast – Canadian dollar analysis; Forex weekly forecast – Outlook for the major events of the week. The euro is second with over 22%. This forecast is produced based on prior values of the EUR/USD along with other currency exchange rates. The current forecasts were last revised on February 2 of 2021. USD/JPY forecast – projections for dollar/yen; AUD/USD forecast – predictions for the Aussie dollar. 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. The forecast is also based on interest rates, commodity prices … TRADING ECONOMICS provides forecasts for major currency exchange rates, forex crosses and crypto currencies based on its analysts expectations and proprietary global macro models. Euro to Dollar Forecast - EUR/USD. Pessimistic forecast: 0.8031 Optimistic: 0.8059 EUR/USD Prediction: The yearly chart of EUR/USD looks neutral to slightly positive with strong support at 1.1570 (2019 high). The direction of the EUR/USD is likely to be determined by trader reaction to 1.2125. 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. Countries store large volumes of their gold and foreign exchange reserves (over 60%) in USD. EUR/USD Mid-Session Technical Analysis for January 28, 2021. Below is a forecast of EMU Euro versus the U.S. dollar (EUR/USD) broken down by month. Read More. Forecast of average quotes of the Euro / Dollar currency pair for Jun 2021: 1.2634 The dynamics are positive. 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. Below is a forecast of EMU Euro versus the U.S. dollar (EUR/USD) broken down by month. 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. The Euro and the USD represent two of the world's biggest economies, and the USD is the most important reserve currency. Get the 5 … EUR/USD forecast – for everything related to the euro. We expect to see a price advance to the 2018 high at 1.2555. Forecast of average quotes of the Euro / Dollar currency pair for May 2021: 1.25183 The dynamics are negative. Current exchange rate EURO (EUR) to US DOLLAR (USD) including currency converter, buying & selling rate and historical conversion chart. 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