Technician
Panjang

EURUSD: Speculating on trend resumption

FX:EURUSD   Fx Euro/Dolar U.S
My trade is to go long the EURUSD             above the key 1.1660 level, and key low. Risk reward is attractive with good upside potential.
I would stop my loss if price breaks 1.1660 with at least a daily closing. In that case correction might extend. But even in that case, i will be looking to long the EURUSD             at lower levels.

I remain overall positive euro             and negative USD unless an unexpected economic development shift current monetary policy outlook.

My view is basically based on central banks medium term outlooks, as the USD has already priced in and absorbed all monetary policy tightening expectations in the past years. On the other hand, the euro             has plenty of catchup to do to price in a relatively tighter monetary policy by the ECB.

The Interest rate differtials on 10-years bonds between u.s. and germany illustrates the recent trend in market expectations. You can view here.

Kindest regards
Technician
https://thefxchannel.com
Thankyou For this analyses.... Great work
Balas
You are smart
Balas
https://www.teletrade.eu/
Balas
thanks! I agree
Balas
thank you
Balas
Awesome !
Good EW count. Keep it up bro
Balas
hi @Technician! have you already placed a pending order?
Balas
I'm with you man! Let's see how this play out. I'm already in the money hopefully it stays that way.
Balas
What is your opinion of the Euro long term? regarding Catalonia, Brexit, Germany coalition etc....
Balas
@Tower1234, Bullish is my view.
+2 Balas
Bahasa Melayu
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Laman Utama Pengimbas Saham Pengesan Isyarat Forex Pencari isyarat mata wang Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar