Predictions for euro/USD, dollar/yen, and australian dollar/USD.
On Monday (December 9), during the European trading session, the usd fluctuated in early trading as investors were trying to clarify the direction for the coming weeks. Currently, there are many favorable factors for the usd, and as the usa inflation data is released this week, the direction may become clearer. Euro/USD technical analysis (Euro/USD daily chart source: Easy Forex) The euro experienced back-and-forth fluctuations earlier on Monday. We continue to see 1.06 as a difficult level to break through. If the price can break through the 1.06 level, then it may run towards the 50-day moving average at the 1.07 level, however, this largely depends on the usa interest rate this week.
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