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Fibonacci FOrex trading
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6th July to 10th July 2009 Euro / USD


Posted by admin | Posted in Weekly and Daily Wake up | Posted on 06-07-2009


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And such bearish trend is expected to be the same in the next week since no major events are in the view and traders are not showing their confidence in the currency. There is no expectation that the euro zone will make a prospective place in financial markets since its correlation is with assets which are highly risky. Also there is not any noteworthy improvement in the trade of gold or oil either. They are also giving a hard time to the trader. So such a trend will not bring any positive news for EURUSD (EUR-TN 1.3924826707738625 ↑0.00%) trading in the euro zone.


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