Could we see the EUR/USD at 1.00 in 2019/2020

I haven’t been analyzing public for more then a year as I decided to quit writting about my view, but the EUR/USD seems so interesting that I just have to write something about it and hear your oppinion. If you participate in the currency market, you know that most of the analysts predicted the possible parity during the EUR/USD 2014/2015 fall, but not before the pair reached 1.0600/500. Also, if you have followed my analysis at that time, you all know that I have found the bottom of that fall exactly at the 1.0500 level on March 11. 2015 in my blog.

But now, when noone see this possibility, I maybe see it technically and fundamentally. Read more

Crude oil WTI lost 24.8 percent in 2018

Crude oil lost 44.3 percent from high $76.41 to low $42.53 on three months fall from October 03. until December 24. It was the biggest losing streak in the past several years due the oversupply, Saudi record output and fear from the global economic slowdown. As the oil price opened 2018 at $60.17 per barrel and spent most of the year above, the average price for 2018 remain high at $64.90 per barrel. As in the first 9 months of 2018 oil spent mostly bullish, constantly rising from 60.17 to 76.41 the 12 months fall at the end of the year looks slightly better with loss of 24.8 percent in 2018. Read more

Gold lost only 1.55 percent in 2018

After amaizing rally in December 2017, gold opened 2018 at 1302.90. As buyers continue tu push price furder, gold reached the high price of the year 1358.46 in early 2018 at January 24. That level becomes the strong resistance which buyers couldn’t break for weeks, after which sellers took over the precious metal in middle April. Until middle August gold price fell for 13.5 percent to 1174.16, the low of the year on August 16. Buyers woke up at that level and took the precious metal once again, pushing the price back toward the 2018 opening price, Read more

Oil price fell by 30 percent in October/November to $53 per barrel

It looks like the Crude oil price fall has no end as it reached a $53 per barrel yesterday, the lowest level in more then 12 months. In total, from the high of the year 2018 at $76,41 in October 03. Crude oil lost 30 percent until yesterday, slightly recovered to $54,40 in the morning. Due the oversupply and Saudi record output which reached the highest levels in 2018 it’s a normal market reaction. According to Bloomberg data Saudi Arabian oil production surged to a record, near 11 million barrels a day this month. Read more

The EUR/USD, what an amaizing and important prediction from Aureus Invest team

On August 02. we have analyzed the eur/usd and showed potential target for the end of 2017, as well as the support under which the euro will not go any more in 2017. Six months latter, you can see how everything developed in the most important currency pair. True, the pair didn’t manage to reach our target by the end of 2017, as we wrote that we are not sure for that, but in the very beginning of 2018 here we are, our first level is reached, 1.2300! As you can see in our chart, the support what we have pointed was extremely accurate in the same time and the pair didn’t manage to break 1.1500, as we pointed in our analysis on August 02. Read more