The EUR/USD maintains its upside push and is now above the upper bollinger band. Risk appetite remains high as seen in our latest analysis.
EUR/USD Forecast
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The EUR/USD continues its bullish climb as risk appetite remains high. We explore the main trends fueling this.
The EUR/USD continues its bullish recovery in early week trading. Global stocks are bullish, indicating a continuation of risk appetite.
The EUR/USD has reversed and is now testing the middle bollinger band. Risk aversion gave way to risk appetite. Close monitoring is important.
The EUR/USD is on its way to test 1.16. Risk aversion remains in the market, pushing back risk appetite. Close monitoring is important.
The EUR/USD slips below 1.18 during the last US trading session. The expectation for more ECB support is likely to be increased.