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EUR/USD MAY RISE IN EXPECTATIONS FROM ECB.

VAISHU09 Posted 11 Oct. as Analysis on EUR/USD, Target: 1.2121, Date: 1^st of December, 12:00 GMT in #Technical analysis #EUR/USD

EUR rising in expectations that ECB may not extend quantitative easing beyond December 2017. As recently published economic data of euro zone and individual countries in Euro Area is well above expectations. So I expect it to rise to its next resistance of 1.23 level.
USD Fed chair Janet Yellen also gave indication of rate hike in December 2017. But it is already factored in by market as USD is up above from lower levels of this year.
Technical Analysis: EUR/USD is in uptrend on monthly and on w…

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TECHNICAL OUTLOOK ON EUR/USD

VAISHU09 Posted 7 Sep. as Analysis on EUR/USD, Target: 1.237576, Date: 1^st of November, 12:00 GMT in #Technical analysis #EUR/USD

After remaining sideways for many days EUR/USD had a breakout and it is rising from there. Its next resistance stands at 1.288. Fundamentally market participants expecting ECB may not extend Quantitative easing after it ends in December 2017. United States economy is passing through transition phase and recently published economic data is little below market participants this is another reason which moving EUR/USD upward.
Technical Analysis: EUR/USD is in uptrend on weekly and on monthly basis.
…

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VAISHU09's Blog

EUR/USD MAY RISE IN EXPECTATIONS FROM ECB.

TECHNICAL OUTLOOK ON EUR/USD