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EUR/USD Forecast Jan. 26-30 2015
EUR/USD had one of its worst weeks, collapsing by nearly 400 pips in total on the massive QE decision. The pair has no time to rest as it is facing the Greek elections and fresh inflation numbers among other events. Will it find a bottom after 6 weeks of falls or continue sliding? Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Draghi delivered a huge QE program of €60 billion per month that is set to last until September 2016 - over €1 trillion in total. The number exceeded expectations (that were partly created as leaks). In addition, the program could extend ... (full story)
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