Pashabxl

EURUSD: No change of target. Towards 1.00 and bellow

FX:EURUSD   Euro / U.S. Dollar
415 0 2
As you may see on the chart, I didn't had the feeling to update the general trend. although there was a little attempt to move upward, the wave was not powerful enough for a full reversal. It was rather a little upside correction.
At the present time, Greece is in a pitiful situation asking now Germany to reimburse the damage of WWII , a damage that has already been paid and a deal was made more then 60 years ago.
ECB will launch its QE in March 6 th             i.e 3 weeks time. Therefore, the market will be full of EUR at a time where FED's interest rate are low, but not negative and particularly at a time where FED members are planning to increase although slowly the interst rate. Therefore on the macro economic terms, EUR vs USD the power is in the hand of USD and Europe will profit from a low currency.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out