when xauusd i except eurusd to go up with it as its agianst usd
EUR/USD Analysis: The EUR/USD pair tells you how many US Dollars are needed to purchase one Euro1. As of October 18, 2023, the EUR/USD was at 1.05501. The technical indicators suggest a strong buy1. The Moving Averages also indicate a strong buy1. However, the market has shown signs of being oversold1, which could provide an opportunity for EUR/USD to find a foothold1.
EUR/USD Prediction: Predicting the future of EUR/USD involves considering several factors. The conflict in the Middle East has cast a shadow on global financial markets1. Israeli stocks listed in New York and Tel Aviv have sunk to recent lows1, which could influence the EUR/USD pair. However, analysts are at odds on whether or not the Israel war will impact oil prices1, which could indirectly affect Euro prices.
EUR/USD Analysis: The EUR/USD pair tells you how many US Dollars are needed to purchase one Euro1. As of October 18, 2023, the EUR/USD was at 1.05501. The technical indicators suggest a strong buy1. The Moving Averages also indicate a strong buy1. However, the market has shown signs of being oversold1, which could provide an opportunity for EUR/USD to find a foothold1.
EUR/USD Prediction: Predicting the future of EUR/USD involves considering several factors. The conflict in the Middle East has cast a shadow on global financial markets1. Israeli stocks listed in New York and Tel Aviv have sunk to recent lows1, which could influence the EUR/USD pair. However, analysts are at odds on whether or not the Israel war will impact oil prices1, which could indirectly affect Euro prices.