Menu
Sister Sites

  • ECB draft forecasts said to cut inflation outlook through 2019; ECB said to raise GDP outlook by around 0.1 point through 2019: BBG

Reality check. Next barrier NFP buyers.
sell eurusd now
Evrything is where it should be now.

Well not quite yet
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
1.12 first support, Let's see
yeah when they start talking to stop the easing tomorrow, price going to jump again to 1.14-1.15. good luck
next barrier 1.112
Why was it not shown in calendar
  •  Guest
  • | IP XXX.XXX.152.98
euro may reverse from 1.1200
Why euro going down? It's usually good for euro. Weird market
You cannot learn better without losing
price will go up again....buy
They just need more liquidity in the market... I.E "More Sellers, So That the Bulls Can Take it Higher"
Quoting mae4206
price will go up again....buy
Ok! Done!
Quoting forexings
Why euro going down? It's usually good for euro. Weird market
Not if inflation is expected to stay low.
Quoting mae4206
price will go up again....buy
lol
Sell, sheep, sell!
Everyone can see the chart, but only a few can actually read it.
From$1toMillion All Time Return: 22,052.0%
Quoting mae4206
yeah when they start talking to stop the easing tomorrow, price going to jump again to 1.14-1.15. good luck



I start going long around 1.1176.

Target = 1.1450

It's a hunt that's going on now. Gonna be brutal
Quoting forexings
Why euro going down? It's usually good for euro. Weird market
Grabbing liquidity, time to buuuuuy
thinking outside the box
Quoting trademark
{quote} Not if inflation is expected to stay low.
Do you know what you are talking about? This is direct signal for euro appreciation.
Cutting inflation target means they are expecting purchasing power will remain higher than expected. That means they are expecting euro will remain higher than anticipated.

Moreover raising GDP outlook is another plus point for euro
You cannot learn better without losing
  •  Guest
  • | IP XX.XXX.244.154
Quoting forexings
Why euro going down? It's usually good for euro. Weird market
i think its because everyone is selling it, but i`m not very sure.
Quoting forexings
{quote} Do you know what you are talking about? This is direct signal for euro appreciation. Cutting inflation target means they are expecting purchasing power will remain higher than expected. That means they are expecting euro will remain higher than anticipated. Moreover raising GDP outlook is another plus point for euro
Cutting inflation means ECB will hold with QE taper. Market was expecting ECB to signal a QE taper on tomorrows meeting!!! That's why EUR/USD is correcting now.
No risk, No Glory.
Quoting Guest
{quote} i think its because everyone is selling it, but i`m not very sure.
Not everyone.
Some of us do, while some of them don't
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
  •  Guest
  • | IP XX.XXX.61.146
Lost a lot on this one..
  •  Guest
  • | IP XXX.XXX.165.198
raising GDP = lower price = euro depreciation
Quoting jorryo
{quote} Cutting inflation means ECB will hold with QE taper. Market was expecting ECB to signal a QE taper on tomorrows meeting!!! That's why EUR/USD is correcting now.
It has nothing to do with taper, moreover it's signaling ECB won't add more QE.
You cannot learn better without losing
just watch how euro will rise in few hours to come. fingers cross
Quoting Guest
raising GDP = lower price = euro depreciation
Lower price of product, that's the increase of purchasing power. Not euro depreciation.
If eurozone can lower the inflation and increase production that's good for them but theoretically it's hard to believe.
You cannot learn better without losing
Quoting OnlineAddict
Sell, sheep, sell!
buy, wolf, buy!!
"If you run, you'll only die tired." - Sniper's philosophy
Quoting okwukwe1985
Why was it not shown in calendar
same question...
Quoting tomiko
{quote} buy, wolf, buy!!
Only until tomorrow, I will, definitely.
Everyone can see the chart, but only a few can actually read it.
From$1toMillion All Time Return: 22,052.0%
it will go down for the next hour or so then pull back
@Procrude Sir nice analysis. Thumbs up Sir.
sell EURUSD until Friday night.
buy euro, its rumours
Quoting forexings
Why euro going down? It's usually good for euro. Weird market
Because it suggests in the future, the interest rates will bee lower. Raising interest rates has the effect of slowing the economy, which in turn slows inflation. Since they expect inflation will be slow, we as traders see this as a signal that in the future, interest rates will likely be lower.

Simple economics101.
HMSR
Quoting forexings
{quote} It has nothing to do with taper, moreover it's signaling ECB won't add more QE.
Appreciation or Depreciation on a long term trend is mostly based off of interest rates right?? The market was going crazy up EUR futures because they thought the ECB was actually going to raise... and that the DEC rate increase that was "priced in" in the USA was not for sure/failing before because of "weak data" - it was in doubt.

But if they release about low/bad inflation, kiss the interest rate increase from ECB goodbye and that means that EUR futures are mispriced.

So then EUR numerator (and futures) in EURUSD falls... USD might get stronger also after the uncertainty from UK elections is removed for FRI. Right? Anyone with me?
Quoting skillz16
{quote} Appreciation or Depreciation on a long term trend is mostly based off of interest rates right?? The market was going crazy up EUR futures because they thought the ECB was actually going to raise... and that the DEC rate increase that was "priced in" in the USA was not for sure/failing before because of "weak data" - it was in doubt. But if they release about low/bad inflation, kiss the interest rate increase from ECB goodbye and that means that EUR futures are mispriced. So then EUR numerator (and futures) in EURUSD falls......
Im with you.
this news was not shown in the calendar, I don't know why? could have been great opportunity to trade... ouchhhh
This news weren't in calendar because it was a "leaked" news... But we all know who and why is doing it...
Quoting Hmsr
{quote} Because it suggests in the future, the interest rates will bee lower. Raising interest rates has the effect of slowing the economy, which in turn slows inflation. Since they expect inflation will be slow, we as traders see this as a signal that in the future, interest rates will likely be lower. Simple economics101.
And who said interest rate hike will be that soon? ECB not even moved to cut down QE.
How many years US took to hike rate? Tryna find an excuse?

BTW, maybe the counter movement can clear your doubt. Erased the gain
You cannot learn better without losing
Quoting skillz16
{quote} Appreciation or Depreciation on a long term trend is mostly based off of interest rates right?? The market was going crazy up EUR futures because they thought the ECB was actually going to raise... and that the DEC rate increase that was "priced in" in the USA was not for sure/failing before because of "weak data" - it was in doubt. But if they release about low/bad inflation, kiss the interest rate increase from ECB goodbye and that means that EUR futures are mispriced. So then EUR numerator (and futures) in EURUSD falls......
That was a clear technical failure in dollar index that i told when price was hovering 1.1085x
You cannot expect a currency will keep falling for unlimited time without any decent consolidation.
You cannot learn better without losing
see, its just something beyond control. pray for your account and equity
Quoting forexings
{quote} That was a clear technical failure in dollar index that i told when price was hovering 1.1085x You cannot expect a currency will keep falling for unlimited time without any decent consolidation.

Yeah, I agree. DX should resume and go up after Thurs events probably... and definitely agree is oversold (us bonds are overbought by all right now in 10y to 30y I think).

You said:
"Why euro going down?"

If /DX goes up and USD interest rates go up, that drives the EURUSD down because USD is in the denominator -dollar strength causes the EURUSD to fall. Haha, why are you asking why it is going down here?


My guess is that US bonds have been bought like CRAZY as a safe haven for this THURS and UK elections and that pushed yields down to the extreme and /DX down. I suspect that they will be sold after and bring rates up, /DX up, EURUSD down.
Quoting skillz16
{quote} Yeah, I agree. DX should resume and go up after Thurs events probably... and definitely agree is oversold (us bonds are overbought by all right now in 10y to 30y I think). You said: "Why euro going down?" If /DX goes up and USD interest rates go up, that drives the EURUSD down because USD is in the denominator -dollar strength causes the EURUSD to fall. Haha, why are you asking why it is going down here? My guess is that US bonds have been bought like CRAZY as a safe haven for this THURS and UK elections and that pushed yields...
You want DX to resume? There is no mid term TL left to resume. That should be a new attempt.
When dollar index rises it reflects over the board. It will also pull down EURUSD. What on earth you are talking about? lol
You cannot learn better without losing
many dreamers here , believe that the EURO will be bullish to 1.14 , no one can say it's bullish or bearish for curtain until tomorrow , other thing i believe those who said that didn't know anything about technical analysis and weekly resistance points or the monthly bias of the EUR/USD , second i believe they also didn't read anything about the Greece debts and what is happening this days between the EU and greece , and also they didn't notice that mostly logical the speech of draghi tomorrow will be dovish not hawkish due to many circumstances in the region "brexit" "inflation" , EU IS NOT GERMANY ONLY .
Quoting forexings
{quote} You want DX to resume? There is no mid term TL left to resume. That should be a new attempt. When dollar index rises it reflects over the board. It will also pull down EURUSD. What on earth you are talking about? lol
Ah, my bad. I'm being dense. I think I misread "Why is euro going down?" by you to "Why is EURUSD going down?"

I agree that DX rise will pull down EURUSD - that is what I mentioned above. My bad, just wanted to check. Initially I was confused because of course EURUSD would be expected to go down.
Quoting zerotmoal
many dreamers here , believe that the EURO will be bullish to 1.14 , no one can say it's bullish or bearish for curtain until tomorrow , other thing i believe those who said that didn't know anything about technical analysis and weekly resistance points or the monthly bias of the EUR/USD , second i believe they also didn't read anything about the Greece debts and what is happening this days between the EU and greece , and also they didn't notice that mostly logical the speech of draghi tomorrow will be dovish not hawkish due to many circumstances...
Wasn't there also a first major EU Bank bail-in since the financial crisis?

Because... you know, you want a strong currency when dealing with issues like that (sarcasm is mine).
Quoting zerotmoal
many dreamers here , believe that the EURO will be bullish to 1.14 , no one can say it's bullish or bearish for curtain until tomorrow , other thing i believe those who said that didn't know anything about technical analysis and weekly resistance points or the monthly bias of the EUR/USD , second i believe they also didn't read anything about the Greece debts and what is happening this days between the EU and greece , and also they didn't notice that mostly logical the speech of draghi tomorrow will be dovish not hawkish due to many circumstances...

Dovish with a hawkish twist --my view.
They wanna push you off the path with their frequency wires
Lets face facts here the ECB hasn't a clue .
First they wanted to raise rates then a week later they wanted to continue stimulation.
Then they said they wanted a higher euro.
Now its lower inflation and higher GDP.

Seriously
Quoting lasty
Lets face facts here the ECB hasn't a clue . First they wanted to raise rates then a week later they wanted to continue stimulation. Then they said they wanted a higher euro. Now its lower inflation and higher GDP. Seriously
Better if we head back to the old fashion of Straddle Trader method ... randomly
  • New Comment
  •  Guest
  • | IP XX.XXX.63.94
Join FF
  • Story Stats