Will We See Further EUR/USD Decline?

By:

Published: Dec 6, 2023, 11:17 UTC

EURUSD forecast analysis | Further EURUSD down turn ahead?

Navigating EUR/USD’s Path Amidst Shifting Trends and Economic Indicators

In today’s Market Outlook, we explore the potential future movements of the EURUSD pair. With recent trends suggesting a further downturn, we examine the EURUSD chart to bring you a comprehensive EURUSD forecast. Will the EURUSD analysis confirm the bearish sentiments or surprise us with a reversal?

As market anticipation builds ahead of the Fed’s rate decision, which has shifted from expectations of a June rate cut to March next year, we consider the implications on EURUSD trading. With the looming US jobs report set to affect the EURUSD pair, could we see an exacerbation of the EURUSD down trend? Tune in for our detailed breakdown and expert insights to navigate the volatility ahead.

EUR/USD Forecast Analysis by Antreas Themistokleous

Watch our market outlook for more:

About the Author

Michael Starkcontributor

Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.