Euro Forecast for June 30, 2026

[OveFinance]

Euro Forecast for June 30, 2026​

The outlook for the Euro remains unchanged. The pair continues to trade within the 1/4 and 1/2 margin levels calculated from the local low.

The primary trading plan remains in place: a breakout above the 1/2 level is required to initiate an upward marginal cycle.

Alternatively, long positions could be considered from the 1.1362 area, with a stop-loss placed below the recent extreme, anticipating support from the strike price in this zone.

Slok: ECB May Hike Rates Again in September
Torsten Slok, Chief Economist at Apollo Global Management, told Bloomberg Television that the European Central Bank is facing uncertainty due to second-round effects following months of rising energy prices.

"I think they are still going to be looking at a rate hike in September"

 

[OveFinance]

Euro Forecast for July 1, 2026​

We are currently following the second scenario outlined in our previous forecast.

Upside targets remain intact. Stop loss moved to breakeven. We may see a pause at the current strike level, but I continue to anticipate a breakout of the 1/2 margin zone.