Euro Long term Forecast

Sep, 07, 2017     By Vikram Murarka    0 comments


Euro Sep17 Longterm Report

 

In our August ’17 forecast (Euro was 1.1772) we called for a rise to 1.2050 this quarter and to 1.2250 in the following 6 months. The actual high in August has been 1.2070, just a little higher than our target of 1.2050.

The Euro uptrend and longer term target of 1.2250 remain intact. There may/ may not be a correction down to 1.17-16 


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Vikram Murarka

Chief Currency Strategist at KSHITIJ.COM. Likes to look at the markets from many different angles. Weaves many conventional and unconventional technical analysis techniques and fundamental analysis into a global macro perspective. Likes to take the road less traveled.



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TWEETS


18Sep17 EURSUD 1.1957: Uptrend valid while above 1.1850. Will FOMC on 20th change that? https://t.co/ftRRE3O85y https://t.co/ftRRE3O85y

2 days ago  

14Sep17: US Yields up ahead of US CPI today. Watch Resistance at 2.80% on the US 30Yr. https://t.co/03YutLe3E7 https://t.co/03YutLe3E7

6 days ago  

14Sep17 US-Japan 10Yr Spread (2.16%): Near-term Resistance at current level. Watch this. https://t.co/bgOpMKMsi1 https://t.co/bgOpMKMsi1

6 days ago  

14Sep17 German-US 10yr Spread (-1.79%): On the verge of breaking uptrend since -2.16%? https://t.co/fRpk8cz8Ie https://t.co/fRpk8cz8Ie

6 days ago