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  • EUR/USD rises above $1.20 for the first time since January 2015

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Like it wasn't enough that Germany is fucking up Europe with their immigration policy, now Frankfurt wants to fuck up the markets, too.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,042.8%
Just watch . It could sideway
  •  Guest
  • | IP XXX.XXX.68.247
But I see that not good for economic euro zone if euro very strong because import will be up very sharp and export down
manipulators do not give up , fair price is 1.08 -1.12
unfortunately central bankers are puppets that say
what manipulators wants!!!
Straigjt run upwards for the last 6 months and it was predicted that 2017 ll b the worst year for euro
worst year for retailers!!! trump really fu...... fx market.
İn a month eur will fall sharply. Draghi will come back with his comments and save the eur from getting very expensive. It is us who plays some dirty games. Market moved mostly on us market hours, it seems people in us wants to crash dollar for some reason.
I think time to BUY JPY.
Forex; the game of movements not the game of candles.
Quoting Sajid
I think time to BUY JPY.
I'm in too.
Quoting Sajid
I think time to BUY JPY.
Yes it seems so. USDJPY is in declining trend on weekly chart and no sign of breakout.
Sell jpy anyway
and its already half way to 1.21 from 1.2
TE started 6/4/19
Price Signal Consulting All Time Pips: 763
my prediction eur may reak 122 then drop
Gold may reverse from 1330
Quoting kongrit1416
Sell jpy anyway
BUY JPY means sell JPY pairs.
Forex; the game of movements not the game of candles.
im surprised btc hasnt moved to the upside too, there was a positive eur and btc correlation a couple weeks ago
TE started 6/4/19
Price Signal Consulting All Time Pips: 763
Quoting rashadali
{quote} Yes it seems so. USDJPY is in declining trend on weekly chart and no sign of breakout.
I think USDJPY has some unfinished work at 104 and EURJPY , if this breakout fails then a hug till 125. Anyhow I am in. EURJPY, GBPJPY, USDJPY.
Forex; the game of movements not the game of candles.
  •  Guest
  • | IP XXX.XXX.249.100
this it good point to sell euro, too much ricks in eurozon!
Euro rally has resumed today uneffected by and dispite Korean escalation.
Not least I think because Europe is on the other side of the world from NK.?
  •  Guest
  • | IP XXX.XXX.124.177
When did the euro become a safe haven?)))
Quoting Sajid
{quote} I think USDJPY has some unfinished work at 104 and EURJPY , if this breakout fails then a hug till 125. Anyhow I am in. EURJPY, GBPJPY, USDJPY.
you are right , usdjpy has an unfinished business around 104 that will push gold near 1400
12405 = 12442 are eurusd will stop
  •  Guest
  • | IP XX.XX.15.82
Trump wants to boost american exports, and this is achieved by weakening the US$.

It was on purpose Yellen did not talked about US economy at the summit, it was in order to further weaken the dollar.

As long as Trump will be in office, (the following 2 years), the FED policy will be to weaken the dollar in order to make american goods more cheaper therefore more afordable on the export market.

Also, if US will engage in a future military conflict (e.g. North Korea), the dollar will fall even further, because Eur will be seen as a safe heaven currency.

Eur is too strong, even with Dragi's QE, and ECB cannot continue with that indefinetelly... further more, while US already raised interest rates for the dollar several times, ECB did not even started with the EUR (at the moment it is 0!!!.

When ECB will raise the interest rates for the first time, EUR will receive further boost.

Let me conclude

At the present time, there are no economic factors to favour a stronger dollar, either inside american economy or outside. The strongest reason inside US economy, is Trump, which wants to give a boost to the american industry. FED is also short on ammunition (by raising interest rates several times).
The strongest reasons outside US is: a potential conflict with North Korea, will force markets to bid on other currencies including EUR, the fact that EUR did not had yet interest rates increased, and that Draghi has hard time to keep EUR down, trough QE.
The appreciation of EUR is also not wanted by the Eurozone, which will see it's products becoming more expensive outside EU, but overall, due to the factors indicated above, EUR is in a better shape at the present time.
Obviously, hurricane Harvey has given Euro a boost!

What a "glory" over people's discomfort now in Texas:

https://www.google.by/url?sa=t&rct=j...VzLXNj3KWxFiXw
Quoting Guest
When did the euro become a safe haven?)))
is all a socialist joke.
Market buying shit Only idiots would in real life change one's dollars to euros. Or even worse - to NZD.
Quoting forexengines
Obviously, hurricane Harvey has given Euro a boost! What a "glory" over people's discomfort now in Texas: https://www.google.by/url?sa=t&rct=j...VzLXNj3KWxFiXw
Total Horse-Shit.
Quoting Indrek
Market buying shit Only idiots would in real life change one's dollars to euros. Or even worse - to NZD.
So right..
I made that stupid choice end of April.. and now Ive got a potentially huge tax bill.
I feel such an idiot.
Quoting cliffedwards
{quote} Total Horse-Shit.
Then you TOTALLY do not understand the "principles" that govern price movements.

In your opinion, "crazy traders" woke up today and started buying Euro with their US Dollars!

The reverse is the case:

(Many big) Traders who held SELL positions in EUR/USD closed those positions amid fears of worsening damages from hurricane Harvey.
Quoting cliffedwards
{quote} So right.. I made that stupid choice end of April.. and now Ive got a potentially huge tax bill. I feel such an idiot.
You should be happy then,as you are such an advocate, for us to pay more tax.
Quoting Guest
When did the euro become a safe haven?)))
I do not understand why the Yen is still considered a safe haven at this time. With bombs whizzing overhead and dropping 88 miles off their shores?!
Quoting Wayne2401
{quote} I do not understand why the Yen is still considered a safe haven at this time. With bombs whizzing overhead and dropping 88 miles off their shores?!
Saying the "Yen" is "safe haven" now is speculation in its simplest form!

"Safe haven" is the currency which truly helps you make profit!
Quoting Wayne2401
{quote} I do not understand why the Yen is still considered a safe haven at this time. With bombs whizzing overhead and dropping 88 miles off their shores?!
Risk off = carry trade unwind = yen appreciation.

So if Kim would bomb the shit out of Japan the Yen would go to the moon.
Quoting barkie
{quote} Risk off = carry trade unwind = yen appreciation. So if Kim would bomb the shit out of Japan the Yen would go to the moon.
Really funny

Then each country MUST beg Kim to bomb them well.
This relentless selling off of USD will backfire soon. The last 400 pips was pure speculations and had nothing to do with fundamentals and the US Economy. The political hogwash from the left media is the fuel for this selloff .
Be careful folks....
Quoting barkie
{quote} Risk off = carry trade unwind = yen appreciation. So if Kim would bomb the shit out of Japan the Yen would go to the moon.
I think you need to get sober.
I don't know about u guys but my monthly chart tell me that euro is bullish. So I buy Euro since last month😀
took a long at 2030..tp is somewhere between saturn and pluto. maybe farther..SL below 1.2
Spoke too soon about btc, its now over 4500
TE started 6/4/19
Price Signal Consulting All Time Pips: 763
Quoting fxx360
This relentless selling off of USD will backfire soon. The last 400 pips was pure speculations and had nothing to do with fundamentals and the US Economy. The political hogwash from the left media is the fuel for this selloff . Be careful folks....
I agree. As I define currency risk: USD is currency and EUR is risk
To boost exports a country has to have something that other countries want. The USA is sadly lacking on things to export other than fuel.
  •  Guest
  • | IP XXX.XXX.140.53
Country risk will bring capital flows pouring into the US. Especially if tax reform in the US takes root or the soveriegn debt crisis starts to unfold in Europe. People forget that it doesn't matter if the US doesn't look like a good investment if the rest of the world falls apart. You guys forget, the US, for now, is still the world's reserve currency and the core economy of the world.
Quoting Guest
Country risk will bring capital flows pouring into the US. Especially if tax reform in the US takes root or the sovereign debt crisis starts to unfold in Europe. People forget that it doesn't matter if the US doesn't look like a good investment if the rest of the world falls apart. You guys forget, the US, for now, is still the world's reserve currency and the core economy of the world.
EUR’s net long position was up $1.3bn w/w to $12.9bn, recovering a portion of last week’s decline. The ECB clarified its intention to start tapering its bond-buying program in September, and yields on German bunds have led a rally in government debt across the eurozone in response. With the Fed’s noncommittal approach to the timing of balance sheet normalization, the ECB’s surprisingly concrete statements are generating upward pressure on the euro. Given the recent weakness in US inflation readings, the ECB is likely to maintain its more activist approach than the Fed in the near-term, which should continue to support the euro’s strength heading into the fall 'consensus'.

Furthermore, the market has shunned off a positive outcome of the so-called trumponomics which is the stimulus package promoted by Trump during the post election 'USD rally'and if by any chance it will get approved it will be by 2018. So, with the Republicans being divided on whether to approve 'stimulus package and a lukewarm FED' already pricing in 37 % of raising rates by December and the ECB signaling tapering by September, a stronger EU zone economy kicking in and non-US bond yields are sitting further below their natural equilibrium level than US Treasury yields, giving European rates greater room to rally as the era of easy money comes to an end will eventually will put lots of pressure on the dollar--the offset.

Conclusion, I highly doubt that capital inflows would have any major impact on the strength of the Euro especially when Draghi starts to heavily unwind. I'll stay with the broader market tone in the absence of high impactful economic domestic US indicators which could drive the USD to the moon. Watch the central banks, high rollers, yield, bond, which make up the transfer of wealth.
They wanna push you off the path with their frequency wires
In 2008 EURUSD was 1.60xx. The 5 year average is around 1.21. Based on where USD is now and the medium term outlook for USD...EUR should be higher than the 5 year average.... 1.22 is not far away, very close if NK escalates again.
its all just one persons opinion....
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  •  Guest
  • | IP XX.XXX.49.72
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  • Story Stats
  • Posted: Aug 29, 2017 3:00am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 45  /  Views: 13,505