EURUSD

Quoting Nordling

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{quote} Euro is so bad that sometimes i mistaken it with Terra Luna when i look at the chart Jokes aside like you said Euro was going to fall and that was a known fact by the people who understand the market dynamics. Same goes for the stock market and the cryptos. And even the real estate. Gold, silver and commodities are next. Be careful people. 2022 is a year of crashes. Central banks are getting more and more serious about acting on the inflation and hiking interest rates. Contraction cycle has begun.

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Quoting hesron

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only Putin expects the EURO to strengthen

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Quoting FraterRedox

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{quote} Well, EU inflation is bad and some EU members have it HORRIBLE, my country has 19%! Weak EUR and grains, energy traded in USD ... we gonna see some rough times, winter is going to be scary. So we acctually need stronger EUR. But there is no fundamental or technical reason for EUR to turn around atm. :/

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Quoting Nordling

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{quote} Idk much about the technicals, but fundamentals still indicate sell.

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Quoting Nordling

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{quote} Idk much about the technicals, but fundamentals still indicate sell. I am currently short but there's always a possibility for it to reverse. Nothing goes down forever. There will be a time to buy. Not right now though. I would say it's the best to sell or wait in the sidelines, trying to catch this knife is dangerous until fundies tell us to do so.

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Quoting Behzad.

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{quote} That's right, We also have a 0.99000 target. By the way, how do fundies tell us to do so? {image}

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Quoting FraterRedox

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{quote} Well, EU inflation is bad and some EU members have it HORRIBLE, my country has 19%! Weak EUR and grains, energy traded in USD ... we gonna see some rough times, winter is going to be scary. So we acctually need stronger EUR. But there is no fundamental or technical reason for EUR to turn around atm. :/

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Quoting Behzad.

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{quote} That's right, We also have a 0.99000 target. By the way, how do fundies tell us to do so? {image}

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Quoting Nordling

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{quote} With inflation, gdp and interest rate numbers. You can check my thread out for the detailed explanation

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Quoting F.g

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{image} Hi , crew.... I am long since Fri. and longed another one ,now. However I cannot ignore the possibility of a visit to the 1.03 40 area . . .

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