FXstreet.com (Barcelona) - The Euro has remained trading on a steady upside trend from levels below 1.2500 in March to reach 1.5000 in October, and, according to Kim Cramer Larson, technical analyst at Financial Trend Analysis the uptrend is not any close to its top.

On the long term, Larsson expects the Euro to peak at 1.7500 on three to six months time: We expect the old high on Euro Dollar, at 1.6200, to be tested by year-end. Our long-term frecast within the next 4 to 6 months is 1.75.

Furthermore, oil prices will continue rallying according to Larsson who expects crude oil to reach levels around 190 - 200 in the next 3 to 6 months: We are very bullish on oil, we saw a break out lately taking out old highs, and we expect crude oil to trade at 190/200 in the next tree to six months.