RobertPapon

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

FX:EURUSD   Euro Fx/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%.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out