Eur/usd

I am starting to study fundamentals and now we see all central bancks rising the interast rates, in this moments what tipe of oportunities we can see. For exemple eur/usd the fed and bce rose the interast rate and eur is going up for what reason ?

For my forecast I would say, the last week of this year will be stable for EURUSD. There is a side movement of pair now. Most likely this scenario will be the whole trading week.

When central banks increase interest rates, it typically makes their respective currencies more attractive to investors because they offer a higher return. This can lead to an increase in demand for the currency and potentially drive up its value relative to other currencies.
In the case of the EUR/USD currency pair, if the European Central Bank (ECB) and the Federal Reserve (Fed) both raise interest rates, it could lead to an increase in demand for both currencies. However, if the ECB raises interest rates more aggressively than the Fed, this could make the Euro relatively more attractive, leading to an increase in the EUR/USD exchange rate.
It's important to note that currency markets can be complex and influenced by many factors beyond interest rates, such as economic data releases, political developments, and investor sentiment. As a beginner, it's essential to conduct thorough research and seek advice from experienced professionals before making any trading decisions. It's also important to understand and manage the risks associated with trading currencies.

For now I would say that the market shows descending movement on EURUSD. The pair will fall to the level of 1.06040.

I will buy at 1.0515 -1.0520.

What are your predictions for the eur/usd pair?! It is interesting to hear your opinion. Personally, I will buy at 1.0520. with the expectation of a correction to the area of 1.0820.

one of my fave pairs to trade with. volatility level is just superb.

For my forecast on EURUSD will continue to grow.

If the pair break out the support level of 1.07325, the growth will increase. I believe to the level of 1.08100.