Forex Forecastis a panorama that is full of doubts with the President elected of USA for the prognosis of the badges. Why those changes can be something unexpected to the economy world.
Now with Forex Forecast is must be very attentive to them changes that will perform in the bag of values for this prepared for current immediate.
The euro continued falling the week last and all indicates that see to the level 1.05 be tested another time. Crero that eventually will break even underneath there, but this does not happen in the short term. The rallies that show signs of exhaustion will being selling opportunities and a break above 1.05 should send this market to parity.
He dollar of New Zealand fell significantly it week last, sliding it towards the level 0.70. This is an area that has a meaning psychological, but also is an area that has proven be important in the last. Since the dollar Australian is falling also, I think that is only a matter of time before break to the low. A movement below the level 0.70 could open the door to a drop to 0.68.
GBP / USD
The pound estrlina fell also, while the USD is still the King. I think that the market will continue down, but not as to repeat the sale massive that had makes little. This pair of currencies could reach the level 1.21, but will be a trail rugged. The rallies and the signs of exhaustion will remain my favorite ways to sell this market.
USD / JPY
He dollar American simply exploded against the yen Japanese, placing it above the level 110 the Friday. I think that this trend will continue, but already there are signs of exhaustion. Due to this, am looking for some type of recoil that displayed signs of support down in order take advantage of what I think is a change of trend massive after the surprise choice of Donald Trump.