An exclusive interview with James Chen, Chief Technical Strategist at FX Solutions, recorded at the FXstreet.com's International Traders Conference 2009 in Barcelona. James gave us his forecast for the EUR/USD and AUD/USD. He expects the Euro and Aussie to continue its uptrend against the Greenback in the mid-term.
Watch the ITC experts' forecast for the EUR/USD:
- Ashraf Laidi states the EUR/USD will reach 1.57 - 1.58 before the end of the year
- Rob Booker thinks EUR/USD will fall to 1.35 in the following months
- Kim Cramer Larsson: EUR/USD to reach 1.75 early 2010; Oil prices close to $100/barrel
Also, answer the question: Where do you expect the EURUSD to be in the next three months?