please share your next week's view.
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DislikedIf it's a long kiss it could go to 1.2070 +/– 30 pips but it has to give it to 1.20. {image}Ignored
DislikedMy guess for the rest of the day would be that this is going up some more, such as 1.2094, just to screw up some more shorts. Have a great weekend folks! Done for the day.Ignored
Disliked{quote} Please, be serious! EU was bankrupt before covid...covid made things worse...and an exchange rate above 1.20 is killing the little part of the economy that is left...if you think ECB would let euro go towards 1.30, let alone 1.40, you shouldn't be trading.Ignored
Disliked{quote} Short squeeze did not work out, made a small profit to 1.1995. Bulls are continuing to move up to 1.2108 next target maybe today.{image}Ignored
Disliked{quote} I too think that it will go there. The ECB can do nothing about it, they have no mandate to target the euro. OECD purchasing power parity has climbed well above 1.40, that is the long term fair value. An improving world economy will most probably push the USD down further. If you are so certain that we will not reach 1.30 you should sell millions of call options with strikes above 1.30 and be rich soon. For long maturities the premium is high enough. Also an exchange rate above 1.20 is killing nothing and the EU was never bankrupt,...Ignored
Disliked{quote} I too think that it will go there. The ECB can do nothing about it, they have no mandate to target the euro. OECD purchasing power parity has climbed well above 1.40, that is the long term fair value. An improving world economy will most probably push the USD down further. If you are so certain that we will not reach 1.30 you should sell millions of call options with strikes above 1.30 and be rich soon. For long maturities the premium is high enough. Also an exchange rate above 1.20 is killing nothing and the EU was never bankrupt,...Ignored
Dislikedhaha and i am telling you the US is bankrupt, way more indebded by now, all relative..Ignored