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EUR/USD target $1.1500 buy pullbacks if the Fed goes only 25 cut

In today’s TradeGATEHub Live Trading session, Coach Dale discusses strategic buying opportunities for the EURUSD, setting a target of $1.15 and recommending buying on pullbacks if the Federal Reserve opts for a modest .25 rate cut. He also draws parallels between the Gold/Silver Ratio and the DXY chart, offering unique insights into currency movements. Additionally, Dale highlights the USDJPY as a potential candidate for reversal, and comments on the USDCAD's resilience amidst recent dollar weakness. This session provides valuable analysis for forex traders looking to capitalize on central bank decisions and market trends.

Author

Dale J Pinkert

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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