EURUSD - Trends, Forecasts and Implications (Part 3) - page 979
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I' ve posted markup in my threads on the methaquotes forum before , check out my threads in my profile.
What's the point? What is their value? You, have expressed an opinion, and gave a link to a chart with markup, for me it was not convenient, so I offered you, put the chart, in place of a link to it, it is more convenient, that's all.
To start with, the news of the end of quantitative easing should be worked out (by late May/early June), then, in June, the ECB will raise the rate because inflation is rising, after which the US will be in "SHOCK" and if they (unlikely of course, but all things considered) manage to raise the rate, then they cannot avoid the third round of quantitative easing + government debt, it will mean a new wave of crisis...
In general, as of today, no matter how you look at it, in the long term, the dollar will fall...
The dollar will fall in the medium term, to a maximum before autumn 2011, against the euro to the region of 1.72.
In the long term, the end of 2011 - beginning of 2013. The dollar will strengthen rapidly against all of the currencies. The dollar is strengthening not because America is doing well, but because the world is going to get WORSE, especially in the troubled countries in the Eurozone, i.e. all stock and commodity markets will collapse and people will move into the quid and probably into precious metals.
During the spring-summer of 2013, the EUR/USD is expected to return to 1:1 parity. When that happens, the USA government will most likely default on their treasuries because the Dow Jones index will fall from 13000 to 4500-5000 points! And a strong dollar will increase the servicing of the already HUGE national debt http://www.brillig.com/debt_clock/ http://www.usdebtclock.org/
and people will panic to get rid of the quid, the US dollar could devalue against all major currencies by at least a factor of two in a couple of years!
A breakdown of the major world indices can be found here (moderators ban links, see in private) http://www.*****
The dollar will fall in the medium term, to a maximum of autumn 2011, against the euro to around 1.72.
and people will panic to get rid of the quid, the US Dollar could depreciate against all major currencies by at least half in a couple of years!
The beginning of the second wave of the crisis is coming, so in the near future the price will cover 500 and 1000 pips in a few days - this is the medium term.
A striking example is the movement in the EUR-BAC, when the price easily passed 9 figures in a couple of weeks - and that's just the beginning!
The movements in all pairs are accelerating and it's not even about the crisis (not enough dough for them). The euro pound is a slow moving pair (allies no matter how you look at it).
The Eurobucks will continue to fly. I can't see the future so far away whether there will be a crisis or not (I think not, in 7 years) (2-3 days at the most)
Have you opened positions yet? :)
How about that!
The dollar will fall in mid-term, at most until autumn 2011, against the euro to the region of 1.72.
In the longer term, late 2011 to early 2013. The dollar will strengthen rapidly against all currencies. And it will strengthen not because America is doing well, but because the world will be ALL BAD, especially in the troubled Eurozone countries, i.e., all stock and commodity markets will collapse and people will go to the quid and possibly to precious metals.
During the spring-summer of 2013, the EUR/USD is expected to return to 1:1 parity. When that happens, the USA government will most likely default on their treasuries because the Dow Jones index will fall from 13000 to 4500-5000 points! And a strong dollar will increase the servicing of the already HUGE national debt https://www.mql5.com/go?link=http://www.brillig.com/debt_clock/ https://www.mql5.com/go?link=http://www.usdebtclock.org//
and people will panic and actively get rid of the quid, in a couple of years, the US dollar could devalue against all major currencies by at least a factor of two!
My prediction is that by mid-June 2011. Part4 of this branch will appear. Basis: NYROBA.
Thanks Igor!
Closed the long on the pound at 400 pips. Honestly, my forecast for all three pairs for tomorrow morning was up. So I got confused. I'll have to see in the morning.
My comrade, on the other hand, fully supports your predictions.
and this is who (yes they are 50/50)
Murik09
Margarita I constantly read your news and try to analyse it myself, but the forecasts do not always coincide with price movements.
For example: May 13 EU GDP is 2.5% and the exchange rate has fallen.
If there is a third round of quantitative easing, the plan is to announce it in December 2011.