Wednesday, May 02, 2018 11:25:04 AM
EUR/SGD: Fundamental Review & Forecast
There's a high probability of a price correction right to the resistance line. The deals to BUY seem the most effective.
So far in 2018 we have been seeing a downward trend. Investors, who expected a tightening in monetary policy and the completion of the economic stimulus program in Europe, will have to wait more. Although the ECB notes economic growth in the eurozone, they're not ready to implement their long-promised plans due to weak inflation - well below the target level of 2%.
More information see here
https://superforex.com/analytics/eur-sgd-fundamental-review-forecast-020518/?x=FORUMS
There's a high probability of a price correction right to the resistance line. The deals to BUY seem the most effective.
So far in 2018 we have been seeing a downward trend. Investors, who expected a tightening in monetary policy and the completion of the economic stimulus program in Europe, will have to wait more. Although the ECB notes economic growth in the eurozone, they're not ready to implement their long-promised plans due to weak inflation - well below the target level of 2%.
More information see here
https://superforex.com/analytics/eur-sgd-fundamental-review-forecast-020518/?x=FORUMS
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