EURUSD

Daves got a wild hair up his ass. Fake Dave the pretend friend. Get te fk

So we are both data dependents. It's just that we having different sources and types of data that we analyze.

I see that I raise some discomfort in your mind on the subjects that I touch upon. It would probably be of value to you to examine those issues and find reconciliation.

I'll try my hand at commenting on the EU energy crisis, but take these with a grain of salt as I'm still a newbie.

EU countries agreed in July to cut gas usage by 15%, lower than the average winter levels between 2017 - 2021. Germany, in August, was one whole month ahead in filling its gas reserves goals for winter at 80% and is the only country to enact gas-cutting policy. And in response to the closing of NS1, France (responsible for supplying 2% of Europe's gas), is highly considering the reactivation of one of it's disused gas lines to support Germany in case of a winter shortage. For Europe to reach its 90% goal of gas reserves for the winter, import efforts would need to be greatly amplified to prevent a shortage. The EU is in big trouble if it continues to import gas at these prices, and households face gas price hikes that can become close to impractical in the next year. Pressure on both the industrial and citizen fronts, the EU should now be considering greater interest rate hikes to make its gas imports more sustainable while NS1 remains closed.

This week will be a crazy one for EU: interest rate announcement plus the energy crisis debate with EU energy ministers. EURUSD bulls may be facing trouble in the short-term, especially as USD continues to strengthen. But long-term, I think it's reasonable to expect a more hawkish ECB in response to the energy crisis.

That said, EURUSD is highly oversold at the moment and overdue for some retracement. But until the ECB begins enacting currency-forward policies, bears may continue to see more downward movement. Bulls may need to be patient for a little longer, because the ECB is mulling over major decisions in this high-pressure environment.

Just my two cents!

EDIT: there is also FOMC coming later this month. And expectations for hawkish interest policies have been falling since late August. Long-term view, EURUSD bears may have to be careful.

It's gonna get loco essay

A lot of crazy stuff happening, nice report there. Winter fuel bill hell in euro zone wow.

I was being sarcastic Nord, but it really is close to the real issues right now with the interest rates debate.

$JY --- 143.60 Enough is ENOUGH...

Doing a small account challenge using high leverage. Last Friday I started with 11 bucks. Will update as I go and yes I will be honest and let you guys know if it busts!

Imagine gambling, it's not "if" it's "when" it "busts".

Yes that’s why I am only putting 10 bucks I don’t see your point here

My point is stop posting a "follow me" gambling accounts on what's a EURUSD thread.

HAHA typical prick fucks I’m over here winning and get bashed for no reason by cry babies like you! I post whatever the fuck I want !

bears seem tired ..... tomorrow ECB interest rate as the key ....

.....Enough is NOT ENOUGH . . . . .

Good luck to anyone who thinks they can make money from this. It's wishful thinking more than anything for anyone outside of a large trading desk with insider information, and no amount of staring at charts will make it possible. Any more than watching white noise on a screen will help you interpret messages sent by extraterrestrials.

$jy wEEKLY CHART . Data since June 2002 only , unforunately. No comments and no ideas.

'No trade' is an idea and probably the best advice any 'trader' can take - it will stop them losing money.

Long USD/CAD!