EUR/USD Price Forecast: Consolidative phase around 1.0400
The EUR/USD pair remains in a consolidative phase near the 1.0400 level, reflecting cautious market sentiment ahead of key economic data releases. Despite fluctuating within a narrow range, the pair shows limited directional bias as traders await fresh catalysts from the U.S. and Eurozone economic landscapes. Market participants are closely monitoring U.S. GDP data and […]
AUD/JPY may continue lower
The AUD/JPY pair remains under pressure as risk-off sentiment dominates global markets. Concerns over global economic slowdown, coupled with hawkish signals from the Bank of Japan, have weighed heavily on the pair. The Australian dollar, often linked to commodity strength and risk appetite, has struggled to gain traction as market participants favor the yen’s safe-haven […]
USD/MXN Price Annual Forecast: Economic slowdown, monetary policy, Trump to influence the Peso in 2025
The USD/MXN exchange rate is poised for a volatile year in 2025 as economic headwinds, monetary policy shifts, and political developments weigh on the Mexican Peso. Analysts anticipate that Mexico’s slowing economic growth will amplify currency pressures, with forecasts suggesting a modest GDP expansion below expectations. Meanwhile, the U.S. Federal Reserve’s monetary policy trajectory could […]
USD/CAD Price Annual Forecast: Battered Loonie unlikely to be saved by Fed rate cuts
The USD/CAD pair has shown resilience despite broader expectations of a potential shift in Federal Reserve policy next year. Market analysts suggest that the battered Canadian dollar is unlikely to find relief even if the Fed pivots to rate cuts, as other factors weigh heavily on its outlook. Weakness in the Loonie stems from Canada’s […]
EUR/USD Price Forecast: Sellers seeking for lower lows
The EUR/USD pair continued its downward trend, reflecting the euro’s struggle against a broadly stronger dollar. Market sentiment remains bearish, with sellers dominating as the pair nears pivotal support levels. Analysts suggest this move could lead to lower lows, spurred by ongoing concerns over monetary policy divergence between the Federal Reserve and the European Central […]
EUR/USD Price Forecast: Fed boosts the US Dollar with a hawkish cut
The US Dollar strengthened significantly after the Federal Reserve’s hawkish tone during its latest policy meeting, pushing the EUR/USD pair lower. While the Fed implemented a rate cut as expected, officials emphasized that further easing might not be on the horizon, signaling a cautious outlook. This divergence from market expectations of sustained cuts bolstered the […]
EUR/USD Price Forecast: Caution rules ahead of Federal Reserve’s decision
The EUR/USD pair held steady in early trading as markets tread cautiously ahead of the Federal Reserve’s policy announcement. Investors remain on edge, balancing expectations of an extended pause in rate hikes against potential hints of future tightening from policymakers. The pair continues to hover near recent lows, reflecting broader uncertainty in global currency markets. […]
EUR/GBP Elliott Wave analysis: Decline forecast from equal legs area
The EUR/GBP pair is forecasted to drop, with Elliott Wave analysis pointing to a decline from the “equal legs” area. This technical indicator, widely used by market analysts, suggests the pair has reached a resistance zone, heightening the probability of downward movement. The equal legs structure often signals the conclusion of corrective waves in Elliott […]
EUR/USD Price Forecast: Consolidative phase around 1.0500 continues
The EUR/USD pair remains locked in a tight range around 1.0500, reflecting ongoing market hesitation as investors await clearer economic signals. With limited volatility, traders are closely monitoring developments in the U.S. Federal Reserve’s monetary policy and the European Central Bank’s stance on inflation. The lack of decisive movement underscores uncertainty in the currency market, […]
EUR/USD Price Forecast: Cautious pressure amid looming Federal Reserve
The EUR/USD remains under cautious pressure as traders brace for the Federal Reserve’s upcoming policy announcement. Market sentiment has been dampened by lingering concerns over a potential rate hike, with the central bank’s stance on inflation and economic resilience likely to dictate the pair’s near-term direction. As of Tuesday, the euro hovered around the 1.07 […]