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Euro/Dollar forecast for today: EURUSD analysis  08.09.2022

The short-term euro trend reversed up. Yesterday, the Intermediary Zone 0.9980 – 0.9969 was broken out. Now the target for purchases is the upper Target Zone 1.0096 – 1.0075. It is profitable to consider euro purchases on correction at the support zones, Additional Zone 0.9959 – 0.9954 and Intermediary Zone 0.9906 – 0.9896. Focus on today’s …

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Gold price forecast for today: XAUUSD analysis 08.09.2022

The short-term gold downtrend continues. The target for sales is the Target Zone 2, 1677 – 1671. Yesterday, a correction occurred, within which the price entered the zone of favorable sell prices 1724 – 1707. Today consider gold sales according to the pattern in the zone of 1724 – 1707. Focus on yesterday’s low as the first target. …

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Euro faces a dead end. Forecast as of 08.09.2022

Sometimes, one had better do nothing not to worsen the situation. However, the ECB can’t afford to stay passive. Investors are looking forward to the central bank’s decision. Let us discuss the Forex outlook and make up a EURUSD trading plan. Weekly euro fundamental forecast The market has been falling for too long. After Jerome Powell’s inspiring …

Euro faces a dead end. Forecast as of 08.09.2022 Read More »