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EURUSD is in progress to reach 1.25 at the end of the year

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  • EURUSD is in progress to reach 1.25 at the end of the year

    If you follow our forecasts about EURUSD from November 30th you know that the Dollar will lose ground. The main akcent in the forecast was the confirmation of Biden winning the election may push the Dollar to levels of EURUSD 1.25. The forecast is in progress as confirms that the target of 1.2450-1.2500 at the end of December is possible.
    For the current market conditions EURUSD is trading at 1.2255. You can still go into positions as expected with the temporary recovery of the Dollar to 1.2185-1.2215. Then open long positions or still hold your positions from our first forecasts with progress to 1.25 till the end of this year.
    Currently the positive news for the U.S. economy may provide a good bottom and make to the grafic the letter "U" where is your chance to make the best entry into long positions.

  • #2
    That is something to look forward to. If their value rises then we are going to make better trades. If you win then you are going to be winning gif. Then again it can be an advantage for the beginners who are getting the hang of the forex market. If you take a look at the forex market then you will realise that people mostly trade the two pairs. Therefore if the two pairs value increase then there going to be more traders joining the market. They say forex trading is the easiest way to make money but depending on how much you are willing to put into it and also how well you handle yourself. Happy trading now.


    • #3
      Will EURUSD decrease anytime, or it is consistent in progressing upwards?