EURUSD only

Quoting fxsport

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{quote} No doubt - what I'm interested in is the market reaction to the data. The PA this morning is telling me that this "may" be a sell the rumor and buy the facts type of deal. We all KNOW the PPI will be bad so why not sell in front - then when the number is released and all the retail traders sell the big boys are there to buy their sells and take EU upward. Those are my thoughts for the day - let's see what happens. My long-term bias - down My short-term bias - ??? My daily bias - up (retracement back to the 38% fib from Wednesday's top to...

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Quoting Ata-Turkoglu

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What sorts of fear could YOU think of? Any ideas

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Quoting ForexGoose

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{quote} When factoring in all the negatives in the E.U., the dollar should appreciate towards 1.0 and below. The big boys can move the price up and then dump again after the retail crowd is margin called. The big boys (non-commercials) can also be wrong though since they speculate like hedge funds, but not invest. {image} {image} {image}

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Quoting ForexGoose

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{quote} a nuclear strike by Russia on Ukraine and radioactive cloud that contaminates Eastern Europe

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Quoting Ata-Turkoglu

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For Europeans: After the covid-19 drama, then support chain issues, then Nato-Russia conflict, now what is left is the fear of "freezing asses" inside upcoming winter because there is not enough gas coming to Europe! That said, I still don't believe that even this fear is enough to bring EURUSD down to parity. More fear is needed. I can't think of anything though.. oh wait.. maybe if face hugging Aliens storm in from outer space or a gigantic meteor is entering our solar system.. yeah maybe then.. What sorts of fear could YOU think of? Any ideas...

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Quoting ForexGoose

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{quote} a nuclear strike by Russia on Ukraine and radioactive cloud that contaminates Eastern Europe

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Quoting fxsport

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{quote} That produces zombies... {image}{image} I mean if an asteroid is predicted why NOT zombie? Think about this one...if I told you in 2019 that in 2020 the world would shut down because of a deadly virus what would you have thought?

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Quoting Ata-Turkoglu

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{quote} Nah... Nobody on this globe will ever use the "nuclear card" again.. That's only what USA politicians would do.. Russia? Nah... Just like a poker game Russia is faking it.. Anyway, many thanks for your input.. any more ideas from other members? Yes?

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Quoting kalahari

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{quote} As the EUR/USD keeps on moving lower, I believe many traders will sell the pair to hedge their buying positions or perhaps because parity is a pretty good bet. If parity could be reached, it will take months. Although the EUR is very weak at the moment due to geopolitical issues, this slide is mainly caused by $ strength. However, the US economy isn't very healthy, so the $ may weaken later in the year, which would most likely put the brakes on the EUR/USD slide to parity.

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Quoting Ata-Turkoglu

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{quote} Nah... Nobody on this globe will ever use the "nuclear card" again.. That's only what USA politicians would do.. Russia? Nah... Just like a poker game Russia is faking it.. Anyway, many thanks for your input.. any more ideas from other members? Yes?

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Quoting Erkat

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{quote} Maybe a serious threat or a stupid move against Finland

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Quoting fxsport

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{quote} Dear God Ata I really hope you are correct about Russia bluffing... As for headwinds against the Euro - Energy will be the major problem. Heck look at what Ukraine did to the Russian pipeline; Ukraine NEEDS to Western countries to continue to survive. FOOD - This is a HUGE topic that people are not talking about. Russian fertilizer, Ukrainian wheat and corn - these will mainly affect Asian countries but as the unrest starts there is could spread - remember the Arab spring?

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Quoting Traderview

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{quote} Entered manually @ 1.0395. Let's see

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Quoting Ata-Turkoglu

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{quote} Finland? Who is threatening or moving to Finland?

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Quoting Erkat

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{quote} Finland and Sweden join NATO and Russia threatens retaliation

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Quoting Ata-Turkoglu

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{quote} Yes, that's what I meant with a freezing Europe and you are elaborating to it... so it is still the same idea of Europe suffering upcoming winter since that's the only fear left.. Anything else? Well... if no one can add a reasonable fear to what I stated then I stick to my idea: This fear is not enough to bring down this pair to parity...

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Quoting Ata-Turkoglu

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I am anticipating sideways movement for the next 2 hours.. See you there

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Quoting Ata-Turkoglu

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{quote} Nothing new there.. can't create enough fear.. we need big, huge, crazy fear.. and I can't see anything else than a freezing, suffering Europe.. and maybe... yeah maybe if EU suffers long enough we could see parity... a very long period though.. some 2 years would do it.. 1 year is still not enough..

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