EUR/USD
Member Since Mar 10, 2015
29 posts
Dec 11, 2020 at 07:04
(edited Dec 11, 2020 at 07:04)
stian posted:
How fall will it risk falling on no deal Brexit (the most likely outcome, betting odds is now standing at over 60% for no deal)?
Both the GBP and the EUR seem to largely price in some kind of brexit deal still.
If exit without a deal, EUR will rise and GBP will fall. Because Europe is bigger and more efficient than Britain. In the short and medium term. Then the GBP will start to grow, because the country will get rid of the dictates of Brussels. However, I believe that exit without a deal is unlikely, because it is not necessary for any of the parties. They will probably reschedule the date again.
Dec 13, 2020 at 15:00
Globtroter posted:It is worwe for GBP than EUR so EURGBP will rise, true. But it is bad for both,so one would see a move towards non-european currency (like USD and JPY).stian posted:
How fall will it risk falling on no deal Brexit (the most likely outcome, betting odds is now standing at over 60% for no deal)?
Both the GBP and the EUR seem to largely price in some kind of brexit deal still.
If exit without a deal, EUR will rise and GBP will fall. Because Europe is bigger and more efficient than Britain. In the short and medium term. Then the GBP will start to grow, because the country will get rid of the dictates of Brussels. However, I believe that exit without a deal is unlikely, because it is not necessary for any of the parties. They will probably reschedule the date again.
German full lockdown till 10. january is also something that should way on the EUR.
Member Since Mar 10, 2015
29 posts
Dec 14, 2020 at 09:22
It is worwe for GBP than EUR so EURGBP will rise, true. But it is bad for both,so one would see a move towards non-european currency (like USD and JPY).
German full lockdown till 10. january is also something that should way on the EUR.
As long as you buy, I will sell. You will lose money. I will earn money. Your predictions are incorrect.
German full lockdown till 10. january is also something that should way on the EUR.
As long as you buy, I will sell. You will lose money. I will earn money. Your predictions are incorrect.
Member Since May 29, 2020
1 posts
Dec 22, 2020 at 02:38
(edited Dec 22, 2020 at 02:43)
esperando retroceso de onda 2 (poco mas del 50%) y entrar en 1.21853 largo en la onda 3
Member Since Oct 11, 2013
775 posts
Feb 01, 2021 at 19:10
Good support on the EURUSD around the 1.2060 level which has touched on five ocassions during the last two months. The 200 month EMA is exactly at that level and that is why the pair is having trouble breaking below it. To the downside, the 1.2000 level could also act as support.
Member Since Dec 18, 2020
35 posts
Mar 24, 2021 at 10:51
EUR/USD is a very good pair to trade, I’m glad you started this thread.
Member Since Feb 11, 2018
232 posts
May 07, 2021 at 08:54
The euro bounced nicely off support yesterday, a lot of euros have been sold on theweek so the next couple of sessions will be fairly instructive. Kaplan was the first Fedgovernor to vocalise support for tapering on the week yesterday, but overall US yieldsseem fairly relaxed as we head into payrolls today. If that price action is repeated todaypost US data, think we will see more of the same in terms of currency movements, abias to own commodity/growth currencies and gentle support for the euro. A verystrong payrolls print will likely see some pressure in fixed income and potentially givethe dollar a lift (1.5m+ on the headline?) especially if the equity market doesn’t like theprospect of taper chat. I retain a small long bias in the euro whilst we stay above1.1980/1.2000 and a move through and close above 1.2110 I believe will increaseinterest in the euro up move once again.
Member Since Feb 11, 2018
232 posts
May 18, 2021 at 08:22
EURUSD: Critical Resistance ahead.
Directly closing break 1.2211/43 will extend strength to 1.2275 at least, the measured objective of the breakout pattern.
Below 1.2125 would be the early sign of a potential correction phase.
No change for the medium term view of boarder range with potential upside risk, but near term should be cautious on the tough barrier and potential momentum divergence.
Directly closing break 1.2211/43 will extend strength to 1.2275 at least, the measured objective of the breakout pattern.
Below 1.2125 would be the early sign of a potential correction phase.
No change for the medium term view of boarder range with potential upside risk, but near term should be cautious on the tough barrier and potential momentum divergence.
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Member Since Feb 11, 2018
232 posts
May 20, 2021 at 06:52
DXY did not post a classic bullish outside day after FOMC Minutes.
However, there is a moderate buy signal generated by TendencyForex System target 90.58/94 initially.
Let's see how the trend develop in coming sessions.
However, there is a moderate buy signal generated by TendencyForex System target 90.58/94 initially.
Let's see how the trend develop in coming sessions.
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