empty
 
 
02.10.2023 06:26 AM
Forecast for EUR/USD on October 2, 2023

EUR/USD

Congress managed to reach an agreement on "emergency" government funding for 45 days, allowing them time to pass the budget for the coming year. At the opening of today's trading session, currency markets did not react to this positive development, and stock markets opened mixed, with the Japanese Nikkei 225 rising while the Australian S&P/ASX 200 was down. However, we can't really say a lot of positive things about this situation, as the "shutdown" has been postponed for 45 days. As a result, we continue to anticipate a rise in counter-dollar currencies and a decline in stock markets, albeit at a slower pace.

This image is no longer relevant

On the daily chart, the pair started the day above the Fibonacci line, and the Marlin oscillator is rising, near the border of the bullish territory. If the price overcomes the resistance at 1.0613, which would also push the oscillator into positive territory, the price could move towards the 1.0687 target. The main scenario would be disrupted if the price consolidates below 1.0552, in which case it may attempt to test the support at 1.0483 once again.

This image is no longer relevant

On the 4-hour chart, the price has moved below the MACD line, but the Marlin oscillator remains in the bullish territory. This suggests the possibility of the price reversing back above the MACD line. The key levels in the current situation are 1.0552 and 1.0613.

Laurie Bailey,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $5000 अधिक!
    में नवंबर हम आकर्षित करते हैं $5000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback