EUR/USD Forecasting

By Luis Angeles 

After yesterday’s news in America, some people expect that a relative calm in the markets will be lived. In my opinion I don’t think is that easy, for me, it’s like a temporary cure not a real solution. However, I’m not the guy who decides; the only thing I can do is take advantage of the situation and make some money.

Eur/Usd 30m Chart



A general uptrend is seen; analyzing what DMI says, we can’t see a trend. However, stochastics show that the pair is oversold, which means that it will go up.


Gathering what we’ve heard, and supported by the graphics, the pick is BUY, with targets @1.4360 may be 1.44, when this happens close the order, if you want more money, SELL it and wait for profits @1.426.

 

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