{"id":28904,"date":"2023-10-28T11:25:53","date_gmt":"2023-10-28T14:25:53","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/10\/28\/eur-usd-gbp-usd-usd-cad-usd-jpy-forecasts-7\/"},"modified":"2023-10-28T11:25:53","modified_gmt":"2023-10-28T14:25:53","slug":"eur-usd-gbp-usd-usd-cad-usd-jpy-forecasts-7","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/10\/28\/eur-usd-gbp-usd-usd-cad-usd-jpy-forecasts-7\/","title":{"rendered":"EUR\/USD, GBP\/USD, USD\/CAD, USD\/JPY Forecasts"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div><figcaption id=\"caption-attachment-1384452\" class=\"wp-caption-text\">DXY 271023 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/indices\/eod\/dxy\">U.S. Dollar Index<\/a> pulls back as traders react to the economic data. Personal Income increased by 0.3% month-over-month in September, while Personal Spending grew by 0.7%.<\/p>\n<p>In case U.S. Dollar Index settles below the 50 MA at 106.30, it will head towards the nearest support level, which is located in the 105.65 \u2013 105.90 range.<\/p>\n<\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1384464\" class=\"wp-caption-text\">EUR\/USD 271023 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/eur-usd\">EUR\/USD<\/a> received strong support in the 1.0520 \u2013 1.0550 range and moved towards the 1.0600 level.<\/p>\n<p>In case EUR\/USD climbs back above 1.0600, it will gain additional upside momentum and head towards the resistance at 1.0670 \u2013 1.0700.<\/p>\n<h2 id=\"gbpusd\">GBP\/USD<\/h2>\n<figure id=\"attachment_1384465\" aria-describedby=\"caption-attachment-1384465\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1384465\" class=\"wp-caption-text\">GBP\/USD 271023 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/gbp-usd\">GBP\/USD<\/a> is slowly moving higher while traders wait for additional catalysts. The problems of the UK economy serve as a bearish catalyst for GBP\/USD, but traders will also focus on the general dynamics of the American currency.<\/p>\n<p>If GBP\/USD climbs above the 50 MA at 1.2155, it will head towards the nearest resistance at 1.2180 \u2013 1.2200.<\/p>\n<h2 id=\"usdcad\">USD\/CAD<\/h2>\n<figure id=\"attachment_1384466\" aria-describedby=\"caption-attachment-1384466\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1384466\" class=\"wp-caption-text\">USD\/CAD 271023 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-cad\">USD\/CAD<\/a> is currently trying to settle above the resistance at 1.3830. It looks that the move is driven by short-covering, as some traders may have decided to short USD\/CAD near multi-month highs.<\/p>\n<p>In case USD\/CAD stays above the 1.3830 level, it will head towards the next resistance, which is located in the 1.3950 \u2013 1.3975 range.<\/p>\n<h2 id=\"usdjpy\">USD\/JPY<\/h2>\n<figure id=\"attachment_1384467\" aria-describedby=\"caption-attachment-1384467\" class=\"wp-caption alignnone\"\/><\/div>\n<\/div>\n<div>\n<div><figcaption id=\"caption-attachment-1384467\" class=\"wp-caption-text\">USD\/JPY 271023 4h Chart<\/figcaption><p><a href=\"https:\/\/www.fxempire.com\/currencies\/usd-jpy\">USD\/JPY<\/a> pulls back after an unsuccessful attempt to settle above the key 150.00 level.<\/p>\n<p>Most likely, the move is driven by the fear of additional interventions from the BoJ.<\/p>\n<p>For a look at all of today\u2019s economic events, check out our <a href=\"https:\/\/www.fxempire.com\/tools\/economic-calendar\">economic calendar<\/a>.<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/eur-usd-gbp-usd-usd-cad-usd-jpy-forecasts-u-s-dollar-pulls-back-as-personal-income-misses-expectations-1384433\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] DXY 271023 4h ChartU.S. Dollar Index pulls back as traders react to the economic data. Personal Income increased by 0.3% month-over-month in September, while Personal Spending grew by 0.7%. In case U.S. Dollar Index settles below the 50 MA at 106.30, it will head towards the nearest support level, which is located in the 105.65 \u2013 105.90 range. EUR\/USD 271023 4h ChartEUR\/USD received strong support in the 1.0520 \u2013 1.0550 range and moved towards the 1.0600 level. In case EUR\/USD climbs back above 1.0600, it will gain additional upside momentum and head towards the resistance at 1.0670 \u2013 1.0700. GBP\/USD GBP\/USD 271023 4h ChartGBP\/USD is slowly moving higher while traders wait for additional catalysts. The problems of the UK economy serve as a bearish catalyst for GBP\/USD, but traders will also focus on the general dynamics of the American currency. If GBP\/USD climbs above the 50 MA at 1.2155, it will head towards the nearest resistance at 1.2180 \u2013 1.2200. USD\/CAD USD\/CAD 271023 4h ChartUSD\/CAD is currently trying to settle above the resistance at 1.3830. It looks that the move is driven by short-covering, as some traders may have decided to short USD\/CAD near multi-month highs. In case USD\/CAD stays above the 1.3830 level, it will head towards the next resistance, which is located in the 1.3950 \u2013 1.3975 range. USD\/JPY USD\/JPY 271023 4h ChartUSD\/JPY pulls back after an unsuccessful attempt to settle above the key 150.00 level. Most likely, the move is driven by the fear of additional interventions from the BoJ. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":28905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-28904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=28904"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/28904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/28905"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=28904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=28904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=28904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}