will the EUR rise in the coming weeks or it will remain stable?

[ryanstar]

hi i wish to know if EUR/USD will rise or it would remain stable,so that i can put my money?

[AdventureTrader]

I think a long on the EUR/USD at a price of 1.30 is a great trade, but that's my opinion. I think 1.30 will act as the floor and we'll see ranging above this level.

[Dominator4fx]

I think a long on the EUR/USD at a price of 1.30 is a great trade, but that's my opinion. I think 1.30 will act as the floor and we'll see ranging above this level.

I am already looking at 1.33 levels for the weekly closing on the Friday. Given the fact that the Euro is well supported we will see it consolidating ahead of the weekend.

[MoneyMaker]

We just saw a rather big fall over the past few hours towards that ascending trend-line. I think a hold of that could send your Euro to 1.33 tomorrow IF risk is on and IF there is good eurozone sentiment.

[UWCNeeraj]

We just saw a rather big fall over the past few hours towards that ascending trend-line. I think a hold of that could send your Euro to 1.33 tomorrow IF risk is on and IF there is good eurozone sentiment.

Their have been concerns about the other group members like the Spain which can weight heavy on the steady recovery of the Euro and change the trading sentiments.

[UncleBuck]

Their have been concerns about the other group members like the Spain which can weight heavy on the steady recovery of the Euro and change the trading sentiments.

Yeah, I think this is just going to range between 1.2980 and 1.35 over the next few months. I can't see anything exciting happening in it. I think that 1.2980 will be a strong support. We saw it last time and I think we'll see it hold again.