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Analysis of EUR/USD for the week of October 23rd to 29th, 2023 Technical Analysis EUR/USD was trading at 1.0575 on October 22, 2023. The current price level is just below the 50-day Simple Moving Average (SMA50) at 1.0560, with the 200-day Simple Moving Average (SMA200) at 1.0615. From a technical perspective, EUR/USD is currently in a sideways phase, with...

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EURUSD Analysis for the period from 21.09.2023 to 25.09.2023 Fundamental Analysis The European Central Bank (ECB) kept interest rates unchanged on 20.09.2023. The ECB expects inflation in the eurozone to continue to fall in the coming months. This is a positive signal for the EURUSD. Forecast Based on technical and fundamental factors, the probability of...

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EUR is getting ready to test an important level. What do you see in the white zone? what is that which could be within the range of the EUR tomorrow? And especially with the upcoming news for tomorrow ;-) My bias is still long

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EURUSD Analysis for the Next 2 Weeks Fundamental Data The fundamental data for EURUSD is currently mixed. On one hand, inflation in the Eurozone is declining, which tends to support the Euro. On the other hand, the US economy is still robust, which supports the US Dollar. Upcoming News Over the next two weeks, there are some important news events that could...

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As expected in our last analysis, the EUR continued its downward trend this week and reached our second target precisely. From a technical perspective, the market is now significantly oversold, and we can anticipate a correction upwards for the remainder of the week.

Edgezone Updated 

Fundamental analysis The fundamental analysis of the EUR/USD exchange rate shows that the two currency areas are currently in different phases of their economic cycles. The US economy has already entered a recession, while the European economy is still growing. This suggests a stronger dollar in the coming weeks. The US Federal Reserve (Fed) has already...

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Bitcoin Analysis Fundamental Data Over the past 6 months, the fundamentals for Bitcoin have been very positive. Demand for Bitcoin has surged as more and more people see Bitcoin as a store of value and as an investment. The supply side for Bitcoin is limited, as there will only be 21 million Bitcoins. The inflation rate is high in many countries, making Bitcoin...

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EURUSD on the Run for retesting 1.1000 Area . Inflation Data coming . High Vola possible.

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Long with target 1.1060... Liquidity at 1.1046 which should be cleared.

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Short towards 50% Fib and fair value gap M15. After the push higher, a correction to this level of 1.0985 is likely.