Forex Guides

EUR/USD Forecast 4 September 12


Good day forex traders.


Second day of the week and i hope everyone is doing ok.

In my previous EUR/USD forecast we noted the resistance of 1.26. This is typically a strong S&R region and hence we might encounter some bounce. The Euro Zone continues to face complications as Spain fell under increased scrutiny.


EURUSD Forecast

Solution ProRealTime


Looking at the EUR/USD 4 hourly chart above, we note that the region of 1.26 continues to resist the bullish tests.

With the speculation of an interest rate cut by the ECB and also the upcoming US Non-Farm Payroll, apprehension may render a small trading range. The fundamental situation remains as nations of the Euro Area continue to muddle over proposed plans and solutions to tackle the 3 year old crisis. On a side note, the Reserve Bank of Australia held rates and this probably kept negative sentiments in check.

Trade Safely.

Invest In Yourself And Get Premium Analysis
Less than 20 cents a day
Major Currency Pairs Analysis
Forex Sentiment Analysis
Understand The Market
10 days money back guarantee

View Subscription Options

Would you like to connect?
Get notifications on new forecasts and articles.

Sign up to our emailing list and get your FREE Stop Losing and Start Winning in Forex Checklist!

Trending Forex Articles

  • EUR/USD Forecast 4 September 12
  • EUR/USD Gold CorrelationEUR/USD Forecast 4 September 12
  • EUR/USD Forecast 4 September 12
  • EUR/USD Forecast 4 September 12
  • EUR/USD Forecast 4 September 12
  • EUR/USD Forecast 4 September 12