EURUSD Index Analysis by the Mallicast Team

Sep 8

In the EUR/USD analysis by the Mallicast team, as shown in the image, last week's market movement aligned precisely with our predictions. For the second week of September, we anticipate a bearish movement at the beginning of the week, influenced by last week's unemployment rate data. However, after this decline, the market is expected to once again aim for the previous week’s price target. This suggests that traders can find suitable entry points based on both technical and fundamental analyses, taking advantage of the market's fluctuations. The accompanying image in the analysis provides more details on the recommended entry and exit points.