Fresh forecast of the Forex market for today 25 Outubro 2024

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Fresh forecast
for 25 Outubro 2024

EURUSD

2:0

GBPUSD

1:0

USDJPY

0:0

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WATCH

Fundamental analysis

Author: David Johnson

for 25 Outubro 2024

EURUSDThe EUR/USD exchange rate has returned to 1.0800

GBPUSDThe GBP/USD exchange rate is showing signs of recovery despite a slight decline in the UK PMI index

USDJPYIn the context of the forthcoming Japanese general election, market participants are adopting a cautious approach, given the prevailing uncertainty

Elliott waves for Forex correlation analysis

Author: Bob Stan

for 25 Outubro 2024

EURUSDEUR/USD. Correctional uptrend has started.

GBPUSDGBP/USD. Continuation of the correctional rise is expected.

USDJPYUSD/JPY. Awaiting the completion of the current correction.

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Fresh forecast of the Forex market for today 25 Outubro 2024

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