EUR Daily Updates

26 December 2017

Happy holidays! We'll be back after the New Year!

Updated 
Short term outlook
Bullish

As the euro strengthens thanks to the strong outlook for its economy, we are upgrading the currency to bullish in the short-term. Looking at various technical indicators, the currency is trading within a normal range. This is based on a daily chart of the euro currency index. 

Medium term outlook
Bullish

As monetary policy expectations and economic growth power the euro, we are upgrading the outlook to bullish in the medium-term. Note that the euro is trading within normal ranges. Our analysis is based on various technical indicators when looking at a weekly chart. 

Updated