Eur-usd future
Asiaforexmentor has written a couple of good articles about eur/usd future. It is pretty easier to predict that eur will vanish sooner than usd.
Soon there will be more fluctuation on this pair and there will be more liquidy because there are many trader who love this pair and they are making a good amount of profit with this pair Eur/usd.
This pair has a great future no doubt on that and soon there will be more forex trader who gonna make profit with this pair and even i just love this business and i am just hard working on this business.
Originally posted by randy181992This pair has a great future no doubt on that and soon there will be more forex trader who gonna make profit with this pair and even i just love this business and i am just hard working on this business.
I have seen that u and bharat always quote "love this business" in all ur replies. You guys must be making very big profits. Why dont u share ur account performance with us? Maybe we can learn something.
Stick to your rules
I found this article about the EUR/USD relationship and factors that affect their valuations against each other: it might be useful to read and understand.
https://classic.easy-forex.com/en/Forex.dollareuro.aspx
Eurodollar has neutral outlook in near term and probbably will be traded sideways. It seems traders will attack support on 1.214 with targets to 1.2042 and then retest the 1.2 psychological barriere, nn uptrend is targets above 1.244 as strong resistance. So at present I remain neutral on the cross.
EURUSD needs strong data to claim diractions, nowadays is still trading sideways with neutral outlook. Probably will attack 1.244 up to 1.275 in short term. After rise will follow a correction downwards (bearish outlook in longer term). Today Buy with TP 1.242 SL 1.227