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2 days ago · The key elements that have the greatest impact on the EURUSD forecast in 2024 and longer term: Eurozone economic recovery. Moderate economic growth is expected in the Eurozone. According to the International Monetary Fund (IMF), growth in 2024 is projected to be 0.9%, rising to 1.5% in 2025.
- Overview
- Bias
- Averages
This chart informs about the average forecast prices, and also how close (or far apart) sit the numbers from all participants surveyed that week. The bigger a bubble on the chart means more participants targeting a certain price level in that particular time horizon. This distribution also tells if there is unanimity (or disparity) among participan...
Each participant's bias is calculated automatically based on the week's close price and recent volatility. Drawing from those results, this chart calculates the distribution of bullish, bearish, and sideways forecast prices from all participants, informing about sentiment extremes, as well levels of indecision reflected in the number of “sideways”.
By displaying three central tendency measures (mean, median, and mode), you can know if the average forecast is being skewed by any outlier among the poll participants.
1 day ago · In two months the Euro-to-Dollar exchange rate is forecast to trade at 1.1093 (Q4 2024), 2.15% higher compared to today's price. Medium-term outlook: Is the Euro going to rise or fall against the Dollar in the coming months?
The 2024 top of 1.1214 (September 25) comes ahead of the 2023 peak of 1.1275 (July 18). On the downside, initial contention emerges at the October low of 1.0760 (October 23), ahead of the round...
1 day ago · EUR/USD stays in a consolidation phase below 1.0900 early Friday. Nonfarm Payrolls in the US are forecast to rise by 113,000 in October. 1.0870 aligns as a key pivot level for the pair. EUR/USD ...
5 days ago · The EUR/USD rate is on the rise in 2024. After reaching a low in April at 1.0600, the price increased to 1.1205 in September. Should the price maintain its current upward trajectory, it may continue to grow, potentially reaching the bullish target of 1.1495.
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Oct 17, 2024 · Today's most actual and recent Forecasts for the EURUSD currency pair. Explore the prediction by Forex experts about the EURUSD exchange rate for tomorrow and next week.