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EURUSD - EUR/USD, GBP/USD, DXY Forecast: DXY at $105.25; Brace for US CPI and FOMC

12-06-2024 00:42

The outlook remains bullish above $1.07326, but a break below this level could trigger a sharp selling trend.

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Pre-FOMC US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, Stocks

The rest of this week will remain busy on the economic calendar, tomorrow especially as we’re getting two major US items on the same day. First, we’ll get the most recent CPI data at 8:30 AM, and that ...

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EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs Ahead Of Fed Decision

EUR/USD tests support at 1.0710 – 1.0725 as traders focus on the strength of the American currency. It should be noted that RSI is in the oversold territory, so the risks of a rebound are increasing.

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EUR/USD Analysis Today - 11/06: Bearish Trend Holds (Chart)

The EUR/USD exchange rate is under pressure as Political uncertainty returns to haunt the eurozone, and some analysts see more downside pressure in the near term. According to Forex trading, the ...

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EUR/USD Forecast: Pressure mounts ahead of US CPI, Fed’s decision

Data-wise, the US published the NFIB Business Optimism Index, which improved in May to 90.5, beating expectations of 89.8. The macroeconomic calendar has nothing relevant to offer in the upcoming ...

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