Analysis and Forecast EUR / USD - Weekly review (14.11-18.11)

FX:EURUSD   Euro / U.S. Dollar
In my opinion, the beginning of the week should elapse for the local correction towards resistance level at 1.09 and 1.0938. Another fairly distant goal can be the level of 1.10. Higher price levels should be a good opportunity to open short positions. After adjusting I expect further declines toward this year's lows (1.0709)

It should be emphasized that the dollar should remain strong against the euro , which will be affected by the action of central banks. The ECB still faces the problem of low inflation , which should lead to changes in the QE program. The next meeting is scheduled for December. By contrast, the Fed is likely to raise interest rates at last year's meeting. Chances are valued by the market at present 81%.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out