Forex Prediction Euro VS US Dollar

  Forex Prediction Euro VS US Dollar

Vaughan’s Forex Prediction For Euro VS US Dollar

Currency Trading. I love it. Recent movements in certain areas of the market have proven very interesting indeed!

OK here’s my pick for this month. EURO versus USD.

The EUR/USD has had a roller coaster ride for the past six months. The Euro has continued to strengthen against a weakening US Dollar. Generally speaking, economic data from the US seems to suggest a short term dollar stability.

This on top of the Euro reaching six month record highs against the Greenback in mid May.

What do we do with the EUR/US???

I love these words….. SELL SELL SELL!

I rekon a 500 Pip change in value would not be unreasonable in a 30 -45 day period.

Let’s see what happens with this one huh?

Have you seen my earlier Foreign Currency Trading Predictions? Click Here.

As I write this , I notice the New Zealand Dollar has just dipped under the 60.00 threshold…. ( Vaughan was so right…)


Post Comments Here » 2 Comments so far

2 Comments
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December 10th, 2007

When you make predictions please put the current price and time for whatever market you are referring to. This helps me to see your mindset and timeframe. Thank you for sharing your info!

 
 
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