Forecast EUR/USD. The price wants to go down, but buyers are still holding the line

Posted 04 August, 2022

The price slipped from the local maximum to the previously formed local minimum. This is where the exploits of the dollar end for now. There is a feeling that the expected continuation of the pair's decline with the renewal of historical lows will be postponed indefinitely.

The price will begin to grow, forming a corrective flat in a gradually emerging range. In this situation, no active trading actions are recommended yet. It is worth selling after fixing the price below 1.0110.

 

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04 August, 2022 09:31

GBP/USD Forecast. Correction development is expected to continue →

For the pair under consideration, the situation remains within the expected range.

GBP/USD Forecast. Correction development is expected to continue
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