EURUSD Forecast And Technical Analysis October 25th

Fundamentals:

The difference or the spread between the US 10-year treasury yield and the German 10-year bond yield currently stands at 194.4 basis points; its highest level since June 12.

The one-month ATM volatility continues to lose height. It topped out at 8.47 in early September and now hovers around 6.55 levels.

As I mentioned in my previous articles the rising yield spread and the decline in volatility indicates the EURUSD could keep trade in a sideways manner with a bearish undertone ahead of tomorrow’s ECB decision.

What do I expect from tomorrow? : Neutral or negative impact. We will see.

EURUSD Forecast And Technical Analysis

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EURUSD-H4-3

Source: http://www.fxters.com/eurusd-forecast-technical-analysis-october-25th/

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