Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
8 December 2022 | Other

EURUSD will rise above 1.0525, according to analysts of Scotiabank

EURUSD

Economists from Scotiabank say that eventually EURUSD will break the area of 1.0525. Thus, a return to the area of 1.05 is clear.

With solid growth continuing and inflation expectations rising (from 5.1% to 5.4% during the year, according to the ECB survey), monetary policy will probably remain tight. Officials are likely to raise the interest rate by 50 basis points.

The fact that the main signals have a bullish tilt significantly helps to limit the drawdown of the euro and support it in case of weakness.  

Support level is 1.0430/35, resistance level is 1.0595/00, which is higher than 1.0525.

Company MarketCheese

Recommended

European Union. ECB Marginal Lending Facility. The value of the indicator remained at the same level of 2.4%
Today at 1:44 PM
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
Today at 1:30 PM
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
Today at 1:15 PM
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
Today at 1:15 PM
European Union. CPI (MoM). The value of the indicator remained at the same level of -0.3%
Yesterday at 10:00 AM
Top news
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
Today at 1:30 PM
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
Today at 1:15 PM
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
Today at 1:15 PM
United Kingdom. BoE Interest Rate Decision. The value of the indicator has decreased from 4% to 3.75%
Today at 12:01 PM
European Union. CPI (MoM). The value of the indicator remained at the same level of -0.3%
Yesterday at 10:00 AM
All news

Forecasts

ETHUSD buy
Period: 25.12.2025 Expectation: 20000 pips
Investing in ETHUSD on confirmed bounce from key support
Technical analysis FA Other TA Other Indicators Fundamental analysis
Today at 10:14 AM 28
Lyra_Moonwell1
Natural gas buy
Period: 26.12.2025 Expectation: 300 pips
Lower gas prices once again create profitable buying opportunity
FA Other Chart analysis Indicators
Today at 08:49 AM 17
John_Bullard
USDJPY sell
Period: 25.12.2025 Expectation: 1400 pips
Selling USDJPY on corrective bounce ahead of BoJ decision
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 07:03 AM 17
Emily_Foster
NVIDIA Corporation buy
Period: 24.12.2025 Expectation: 800 pips
NVIDIA stock set to bottom out as bears loosen their grip
Technical analysis FA Other TA Other Indicators Fundamental analysis
Yesterday at 11:33 AM 43
Lyra_Moonwell1
EURUSD sell
Period: 26.12.2025 Expectation: 600 pips
Correction looms for EURUSD with 1.17 as key target
Hot news Chart analysis Indicators
Yesterday at 11:11 AM 28
Tom_Kern
Gold buy
Period: 31.01.2026 Expectation: 23000 pips
Bolster gold purchases when it climbs above $4,370
FA Other Chart analysis
Yesterday at 09:56 AM 63
McCarthy_Raymond
Go to forecasts