Originally posted by asiaforexmentor

Euro Crisis: What can we expect for the Eur and the Usd?

 

EURO CRISIS

 

It is only a matter of time for Greece to be declared bankrupt. And Greece is not the only country in Europe that has problems.

 

Europe will then most likely dip into a recession.

 

When that happens, the Euro as a combined currency cannot last much longer.

 

It will be a fact and a sad fact.

 

And the break of the Euro will eventually come.

 

So what can we expect from this Euro Crisis?

 

When Europe dips into recession. Their Euro currency will falter.

 

And then, the US dollar will become the last big currency standing.

 

Which means, people will start seeing the USD as a “safe haven” when the euro falters.

 

So it’s pretty clear on what will happen on this Euro Crisis:

 

The Euro will DIP (til it breaks/disband)

 

The US Dollar will go UP.

 

Euro Crisis: What can we expect for the Eur and the Usd?

Euro Crisis

 

But hold the horses.

 

That will probably be just the begining.

 

After the Euro era is kinda done with.

 

All eyes will go back to the US economy which is really in a bad shape.

 

So when that happens.

 

There’s only one way for the US Dollar.

 

Down…

 

So when can we expect all these to happen?

 

Answer:

 

It is already happening now.

 

And we should see the major effect within a few short years.

 

Now that we have the idea of what’s going on.

 

Your future investment should take into account of the above from now on.

 

Euro Crisis: What can we expect for the Eur and the Usd?

Euro Crisis

 

As Forex Traders:

 

We know the Euro will go down for the big picture. So we will be looking to short it with price action when we have retracements back up.

 

Of course there may be spikes up along the way for the Euro. eg. short term “good” news.

 

As long as we know the big picture is down. We will trade according to the big picture.

 

So from what you can see from here is that.

 

We as forex traders combine fundamental analysis and understanding with combination of technical analysis.

 

This is how we are able to trade and profit consistently with the market and especially in this Euro Crisis.

 

Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable.

 

See you on the other side my friend,

 

Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor

Europe is not taking good measures to strengthen euro. Europe has taken some steps but these are not enough. So its true that dollar will be rising against euro.

too much volatiulity on the euro. you just cannot put your finger where its going to be 

but i have a feeling its goging down !!! 

Originally posted by fxbabie

too much volatiulity on the euro. you just cannot put your finger where its going to be 

but i have a feeling its goging down !!! 

No doubt about its volatality. Technically, we cannot say where is it going? But if we look at current situation of euro crises, its downward trend looks like a higher possiblity.

This article explains Euro crisis but ignores usd debt. Eur is weakening fastly but usd is also in bad condition.

Originally posted by ironical

This article explains Euro crisis but ignores usd debt. Eur is weakening fastly but usd is also in bad condition.

It also tells about usd. It actually compares euro and usd. No doubt that after euro, all will see usd as safer currency. But usd is also under heavy debt. So in the end gold will be considered safest of all.

Rite now EURUSD has been rangebound but the crisis is Euro zone are far from over. We need to be cautious before we trade in this pair and need to wait and watch what happens.