EUR

With most major events scheduled outside the continent, EUR/USD direction looks set to be dictated by external influences next week. Preference is to sell rallies given the technical breakdown on Friday.

EUR/USD was poor last week, finding little benefit from the Federal Reserve delivering a dovish surprise at its March FOMC meeting. With little event risk to speak of in the week ahead, and trading through its 50-day moving average, selling rallies is favoured.

The proximity of EUR/AUD to its 200-day moving average and uptrend support presents an opportunity for traders to position for either a bounce or break from this technical juncture, providing favourable risk-reward depending on which way the price moves.

Having spiked to two-month highs in the immediate aftermath of Australia’s December jobs report, EUR/AUD reversed hard, generating a bearish pin candle on the four-hourly suggesting it may have seen a near-term top.

Gold facing significant two-way price risk as major inflation reports loom on the horizon.

Relative economic growth expectations may soon swing back in the euro's favour.

If you’re of the view US yields have peaked but don’t want to get involved in bonds, taking a long EUR/USD position could be for you.

Currencies saw tight ranges overnight, but we see the potential for EUR/USD to have another crack at 1.0700 whilst prices remains below 1.0800.

The key area to watch for EUR/USD will be in the 0.9950-1.0000 zone

Today's US inflation report is a key event this week for traders, who are placing bets that it will soften ahead of the report to send equities higher and the US dollar lower.

The recent price action in EUR/USD should serve as a reminder of the importance of the FX market, even if you’re not trading it directly.

Whilst EUR/USD remains within a 150-pip range, momentum has turned higher form the midway point and hints at a run for 1.0600.

Traders flipped to net-short exposure to euro futures for the first time since early January last week.

Investors have welcomed Macron’s performance in the French election debate, while Ukraine conflict is no longer having the same impact on asset prices

At this point, the odds favor a retest of the 1.0800 level in the coming weeks...

The ongoing military clash in Ukraine may soon drive EUR/USD to its lowest levels in more than 20 months

Oil sees heightened volatility on Russia-Ukraine fears. EUR/USD extends losses amid risk off trade and ahead of ECB Lagarde.