SuperTradingOnline - Analytics


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    ​The Financial Instability Creates a lot of Unpredictability

    The EUR/USD, the major of all currency pairs, seems to be unstable for a long time now, with both buyers and sellers exerting tremendous upside and downside pressures to take control over the price.
    Therefore, the forex market started becoming considerably unpredictable with the majority of traders facing extremely difficult times when speculating for their next entry point. It seems that the financial instability in Greece creates a lot of turbulence on the currency pair.
    Furthermore, as per the latest financial data, Angela Merkel aims to keep Greece in the euro zone, and such a condition shows that highly likely the euro at some point in time will gain a massive bullish momentum.
    What will happen next? Will the bulls support the currency pair and force it to escalate aggressively upwards, or will the euro zone’s uncertainty ‘’wipe out’’ euro zone’s ‘’reputation’’.

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