Forex market Fresh Forecast for today 21 October 2024

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Fresh forecast
for 21 October 2024
up
EURUSD
2:0
up
GBPUSD
2:0
down
USDJPY
0:2
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forex euro dollar Fundamental analysis
Author: David Johnson
for 21 October 2024
EURUSDEUR/USD holds near 1.0850
GBPUSDGBP/USD is consolidating around the mid-1.3000 area
USDJPYUncertainty over the Bank of Japan's rate hike plans and upbeat sentiment could put pressure on the safe-haven yen
for 21 October 2024
EURUSDEUR/USD. Transition to a brief correction.
GBPUSDGBP/USD. A rise is expected within the forming correction.
USDJPYUSD/JPY. Expectations of the development of a downward impulsive movement remain.
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