{"id":2955,"date":"2024-06-05T14:54:58","date_gmt":"2024-06-05T11:54:58","guid":{"rendered":"http:\/\/27.preview.freshtone.ru\/eurusd-correction-to-continue-at-least-to-1-085\/"},"modified":"2024-06-05T14:54:58","modified_gmt":"2024-06-05T11:54:58","slug":"eurusd-correction-to-continue-at-least-to-1-085","status":"publish","type":"post","link":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/","title":{"rendered":"EURUSD correction to continue at least to 1.085"},"content":{"rendered":"<p>At the beginning of the current week, the <a href=\"https:\/\/marketcheese.com\/symbol\/eurusd\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>EURUSD currency pair<\/strong><\/a> rose above the level of <strong>1.09<\/strong> for the first time since mid-March. However, an attempt to consolidate on the highs ended with the attack of the bears and further pullback in prices. Ahead of tomorrow&#8217;s ECB meeting, with high chances of a rate cut, traders are unlikely to increase long positions in the euro. Therefore, the dollar may continue to strengthen, and EURUSD will drop even lower to the level of <strong>1.085<\/strong>.<\/p><p><br><\/p><p>A new Reuters survey among currency market participants indicates expectations of a slight weakening of the dollar. However, such forecasts are common in 2024, while the US dollar index still suggests a gain of almost 3%. <a href=\"https:\/\/marketcheese.com\/indicator\/us-cpi-yoy\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>The main reason for these dynamics is persistent inflation in the States<\/strong><\/a>.<\/p><p><br><\/p><p>Analysts surveyed by Reuters predict the rate of price growth in the US to remain above the Fed&#8217;s 2% target through the end of 2025. Jane Foley, Chief Currency Strategist at Rabobank, expects the Fed&#8217;s monetary easing cycle to be very short regardless of a specific start date. In her opinion, demand for dollars may decline slightly, but EURUSD will not move out of the <strong>1.08\u20131.1<\/strong> range over the next 6-12 months.<\/p><p><br><\/p><p>Lawrence Summers, former US Treasury Secretary, has a similar viewpoint. Yesterday, he urged investors to get used to the current level of interest rates and not to expect significant cuts. <a href=\"https:\/\/marketcheese.com\/indicator\/us-fed-interest-rate-decision\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>According to Summers, the neutral level of the Fed&#8217;s key rate under current economic conditions is 4.5%<\/strong><\/a>, which is well above the officials\u2019 average estimate of 2.6%. Given this, the potential for monetary policy easing in the US does not exceed 1%, which will support sustained demand for dollar bonds.<\/p><p><br><\/p><p><a href=\"https:\/\/marketcheese.com\/indicator\/emu-ecb-interest-rate-decision\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>If the ECB members are not too hawkish at the June 6 meeting<\/strong><\/a>, the EURUSD quotes will continue to correct. The level of <strong>1.085 <\/strong>may become the next target for the sellers.<\/p><p>\u00a0<\/p><p><br><\/p><p>Consider the following trading strategy:<\/p><p><br><\/p><p><strong>Sell EURUSD at the current price. Take profit \u2013 1.085. Stop loss \u2013 1.09.<\/strong><\/p><p><br><\/p><p>Traders may also use a <strong>Trailing stop<\/strong> instead of a fixed <strong>Stop loss<\/strong> at their discretion<\/p>","protected":false},"excerpt":{"rendered":"Market analysis by financial analysts and experienced traders. Forecast for EURUSD.","protected":false},"author":1,"featured_media":2954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-2955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forecasts-en"],"translation":{"provider":"WPGlobus","version":"2.12.2","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":true},"en":{"title":false,"content":false,"excerpt":false}}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>EURUSD correction to continue at least to 1.085 - SSC<\/title>\r\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"EURUSD correction to continue at least to 1.085 - SSC\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\" \/>\r\n<meta property=\"og:site_name\" content=\"SSC\" \/>\r\n<meta property=\"article:published_time\" content=\"2024-06-05T11:54:58+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/27-preview.freshtone.ru\/wp-content\/uploads\/2024\/06\/9beb312eef52b580888d3acf74314d0722802b5d543632b6b24e6078bf5.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"1346\" \/>\r\n\t<meta property=\"og:image:height\" content=\"759\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"admin\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5\"},\"headline\":\"EURUSD correction to continue at least to 1.085\",\"datePublished\":\"2024-06-05T11:54:58+00:00\",\"dateModified\":\"2024-06-05T11:54:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\"},\"wordCount\":341,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\"},\"articleSection\":[\"Forecasts\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\",\"url\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\",\"name\":\"EURUSD correction to continue at least to 1.085 - SSC\",\"isPartOf\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#website\"},\"datePublished\":\"2024-06-05T11:54:58+00:00\",\"dateModified\":\"2024-06-05T11:54:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/27-preview.freshtone.ru\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EURUSD correction to continue at least to 1.085\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#website\",\"url\":\"https:\/\/27-preview.freshtone.ru\/\",\"name\":\"SSC\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/27-preview.freshtone.ru\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#organization\",\"name\":\"SSC\",\"url\":\"https:\/\/27-preview.freshtone.ru\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png\",\"contentUrl\":\"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png\",\"width\":1200,\"height\":630,\"caption\":\"SSC\"},\"image\":{\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\/\/2.test.freshtone.ru\"]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EURUSD correction to continue at least to 1.085 - SSC","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"EURUSD correction to continue at least to 1.085 - SSC","og_url":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/","og_site_name":"SSC","article_published_time":"2024-06-05T11:54:58+00:00","og_image":[{"width":1346,"height":759,"url":"https:\/\/27-preview.freshtone.ru\/wp-content\/uploads\/2024\/06\/9beb312eef52b580888d3acf74314d0722802b5d543632b6b24e6078bf5.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#article","isPartOf":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/"},"author":{"name":"admin","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5"},"headline":"EURUSD correction to continue at least to 1.085","datePublished":"2024-06-05T11:54:58+00:00","dateModified":"2024-06-05T11:54:58+00:00","mainEntityOfPage":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/"},"wordCount":341,"commentCount":0,"publisher":{"@id":"https:\/\/27-preview.freshtone.ru\/#organization"},"articleSection":["Forecasts"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/","url":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/","name":"EURUSD correction to continue at least to 1.085 - SSC","isPartOf":{"@id":"https:\/\/27-preview.freshtone.ru\/#website"},"datePublished":"2024-06-05T11:54:58+00:00","dateModified":"2024-06-05T11:54:58+00:00","breadcrumb":{"@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/27-preview.freshtone.ru\/en\/eurusd-correction-to-continue-at-least-to-1-085\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430","item":"https:\/\/27-preview.freshtone.ru\/"},{"@type":"ListItem","position":2,"name":"EURUSD correction to continue at least to 1.085"}]},{"@type":"WebSite","@id":"https:\/\/27-preview.freshtone.ru\/#website","url":"https:\/\/27-preview.freshtone.ru\/","name":"SSC","description":"","publisher":{"@id":"https:\/\/27-preview.freshtone.ru\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/27-preview.freshtone.ru\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/27-preview.freshtone.ru\/#organization","name":"SSC","url":"https:\/\/27-preview.freshtone.ru\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/","url":"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png","contentUrl":"https:\/\/ssctrades.com\/wp-content\/uploads\/2023\/10\/opengraph.png","width":1200,"height":630,"caption":"SSC"},"image":{"@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/9b243d2c4470026d0c789966b4b487d5","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/27-preview.freshtone.ru\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/900e9201551c479ef31eaafe8c1acae387e752aa7a6ca9851d3d3e9259655409?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/2.test.freshtone.ru"]}]}},"_links":{"self":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts\/2955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/comments?post=2955"}],"version-history":[{"count":0,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/posts\/2955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/media\/2954"}],"wp:attachment":[{"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/media?parent=2955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/categories?post=2955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/27-preview.freshtone.ru\/en\/wp-json\/wp\/v2\/tags?post=2955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}