Check out today's EURUSD Forecast- forextrade forextrading
as it had offered support previously, and of course we have the 200-Day EMA sitting just above there that could offer a significant amount of resistance. If we were to break above there, then it’s possible that the market could go to the 1.06 level next. However, at the first signs of exhaustion, I think it’s likely that we will continue to see plenty of sellers. The 1.01 level underneath is likely to continue to be a significant area that’s worth paying close attention to.sits just below the 1.
Ultimately, I think we’ve got a scenario where you can see a lot of volatility in this area, so be careful with what her position sizes, are because markets can be out of control much longer than you believe. After all, there’s no real reason for the Euro to be rallying, yet here we are. At this point, if we break above the 200-Day EMA rather significantly, then you must start looking at the potential of a bigger and longer-term correction. I am more than willing to start selling at the first signs of exhaustion in a market that quite frankly still has to look at the European Union with disdain.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Weekly Forex Forecast \u2013 XAU/USD, USD/JPY, EUR/USDLast week saw the price of Gold rise very strongly, printing a large bullish candlestick which closed right on its high- forextrade forextrading
Baca lebih lajut »
Trading Support and Resistance \u2013USD/CAD, EUR/USD, GBP/USDThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Baca lebih lajut »
EUR/USD: Next on the upside comes 1.0400 – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group see the next up barrier of note for EUR/USD at 1.0400 in the next few weeks.
Baca lebih lajut »
Chicago Forecast: Cloudy Skies and Cool, Breezy ConditionsTemperatures will continue to feel seasonal this weekend following a big cooldown earlier this week, with highs in the upper 30s forecasted for Saturday.
Baca lebih lajut »
Today's Tucson weather forecast: Nov. 12Get a glimpse of what the weather in Tucson will be like today:
Baca lebih lajut »