Major market forecast: EUR/USD, OPEC meeting and Oil - ForexLive

Ryan Littestone, Director at ForexLive says the EUR/USD is the ‘big one to watch out for at the moment’, given the heightened political risks across the Eurozone and the Trump victory could push the currency pair down to parity levels.

Littlestone details the key technical levels to watch out for… dissects the long-term and short-term technical charts supplemented by the macro talk.

Presenter Jenny Hammond and Alan Green, CEO of Brand Communications also put forward questions related to OPEC and oil price action to which Littlestone responds, “OPEC oil mess is a fun game to watch”.

Check out the whole segment to know the key Fibonacci levels that could make or break the EUR/USD pair. Parity is not just a key psychological point… but a major channel support.

#forex, #currencies, #trading, #EUR/USD, #OPEC, #Oil, #commodities, #energies, #macro, #technicals, #fundamentals