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

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

The Euro is back

As we wrote and point in our EUR/USD analysis from October 27. the pair has stoped the fall at the support trend line near 1.1550, after which the buyers has formed the strong support line at that level. After October 27. they have tried to push higher, but exactly as we pointed, the sellers helt the resistance line for several times at 1.1680/720. As sellers have took over the pair there, thay have tried to broke the support 1.1550 again on November 07., but the buyers have deffend the line and returned the pair up on resistnace once again. The have formed strong up trendline in the previous 5 days and today finaly broke the resistance level, Read more

The ECB leaves rates unchanged, the EUR/USD reaction and our view

At yesterday meeting the Governing Council of the ECB took the following monetary policy decisions:

(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council continues to expect the key ECB interest rates to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases. Read more