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What Can We Expect For The Eur And The Usd?
asiaforexmentor1
post Nov 17 2011, 05:14 PM
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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.
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
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