While traders in the currency markets are
preoccupied with monitoring the expected levels of currencies and metals within
a tight time frame, they do not look at the full picture that began to emerge
about a year ago
It is strange that at the same time they do not
look at pairs such as EUR / USD and GBP / USD only at the minimum levels
achieved by these pairs during 2015 and 2016 and the cheap analysis that
predicted that the EUR / USD exchange rate will reach a break point and that
gold will fall to three 999 levels
While the clearer picture may give us a
completely different view, a quick look at the charts for the period from the
beginning of 2013 to 2016 may show that a downward correction wave that has
been going on for more than three years seems quite clear, In Europe, the
bankruptcy of Greece and some secessionist claims within the European Union
But the year 2017 saw cross-sectional trading
as it started to form another correction wave targeting 2013 and 2014 levels
That wave found significant support from
several factors:
Donald Trump in the US presidency
End of uncertainty in the EU
The British Brexit that brought the British
economy back to the right direction
In Britain ,
the performance of the British economy has improved despite all the fears
everyone has said, Britain
seems more vital without the burden of immigrants, and looks less unemployment
without the presence of these immigrants
Donald Trump needs a weak dollar to achieve his
goals. This weak dollar will affect trading prices in the world. Donald Trump
actually needs the levels of 2013 and 2014 and seems to be successfully moving
that way solo without support from the US Fed but strongly supported by big
companies in the United States
of America
Now trading targets for the current year will
be as follows:
AUD USD 0.92511
EUR USD 1.39297
EUR JPY 147.803
EUR AUD 1.60000
EUR NZD 1.78000
GBP AUD 2.10000
GBP CAD 2.00000
GBP JPY 178.502
GBP USD 1.70000
NZD USD 0.85000
USD JPY 121.347
GOLD VS EUR 1161.95
EUR AUD 1.60000
EUR NZD 1.78000
GBP AUD 2.10000
GBP CAD 2.00000
GBP JPY 178.502
GBP USD 1.70000
NZD USD 0.85000
USD JPY 121.347
GOLD VS EUR 1161.95
GOLD VS USD 1563.86
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