empty
 
 
30.12.2024 05:09 AM
EUR/USD Forecast for December 30, 2024

As the New Year approaches, the currency market remains relatively stable, although there are signs of a potential strong dollar rally across all financial markets. One key indicator is the recent decline in the stock market; on Friday, the S&P 500 fell by 1.11%. We anticipate a significant drop in stock indices, which is likely to affect counter-dollar currencies as well.

This image is no longer relevant

Today, Japan's Manufacturing PMI showed an increase from 49.0 to 49.6 in December's estimate, suggesting a high likelihood that today's Chicago PMI will also reflect growth (expected 42.7 compared to November's 40.2). Given this, a rise in the euro seems unlikely.

Additionally, the EUR/USD pair is currently facing strong technical resistance at 1.0461. The Marlin oscillator has reached the zero line and is now turning downward, indicating that a break below the 1.0350 support level is expected in the early days of January.

This image is no longer relevant

On the H4 chart, the price has reached the MACD line and is also turning downward, signaling ongoing preparations for a downward breakout when conditions become favorable. The Marlin oscillator is consolidating just above the threshold of the downtrend territory. We do not foresee significant movement today or tomorrow.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $10000 más!
    ¡En Enero, sorteamos $10000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback