Weekly Outlook 24-04-2017 - 28-04-2017 ~ Market opened with an expected gap witnessing France election & the Euro dominated the world.Now the point is will the Euro continue its run of will it fall. One cannot predict it from the current scenario As we need more conformation. ~ So talking about ideology on Eur/Usd is, this pair is going to fill the gap if it has to move towards north or its may first take a move towards north & than decline. So far we are still neutral on this pair for a longer run but you can trade it intraday & make some bucks on it. ~I hope you guys understand my hesitation on this pair for a longer run. ~ Dont forget to keep an eye on the S/R. (might be a reversal)
Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Motivational Quote: Cut The Cloak According To Your Cloth
Hello thanks for analisys. Look like this pair is going to look always an eye on Corea and Trump interview in short term. I am agree with u to be neutral in this moment . Talking about long term do u think that EUR is going to be stronger? I think that USA market in those days could earn a lot with an eur stronger. Maybe Trump will do everything for make eur stronger?
Thanks
Tony
GrowingForex
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@toninotanzi, hey your welcome !
~maybe or maybe not you never know the market is unpredictable.You have to take a closer look at the tax plan & the speech of Mr.M.Draghi if you
are looking for fundamentals.This could lead you to a Longer run trend.
Thanks'
Growing Forex Team.
UnknownUnicorn900534
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@GrowingForex, oh that it is imprevedible I know . I am looking tax plan of course but thinking that is Trump is crazy to talk about decraase tax now that currency is going to his way? About Draghi absolutly sure that he will not talk about increase interest rate if he don't want that his eur go to the stars. Thanks fir your reply u use interesting topic.finally
Thanks
Tony