Hi Traders,
The euro pulled further away from the bottom of the Ichumoku cloud at 1.3055level to hit 1.3142 level on Monday. As long as the market is hoping that the Fed may provide another round of quantitative easing, we expect more gains in EUR/USD and risk assets currencies including AUD/USD, NZD/USD and USD/CAD; the EUR/USD next strong resistance lays at 1.3193 and at 1.3265.
And it is expected to achieve other currency pairs AUD/USD, NZD/USD and USD/CAD further gains.
As for the key support level, it is at 1.3055.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
The euro pulled further away from the bottom of the Ichumoku cloud at 1.3055level to hit 1.3142 level on Monday. As long as the market is hoping that the Fed may provide another round of quantitative easing, we expect more gains in EUR/USD and risk assets currencies including AUD/USD, NZD/USD and USD/CAD; the EUR/USD next strong resistance lays at 1.3193 and at 1.3265.
And it is expected to achieve other currency pairs AUD/USD, NZD/USD and USD/CAD further gains.
As for the key support level, it is at 1.3055.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
