EURUSD

Quoting Marianne

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lIX has increased a lot last 24 hours due to Trump. So what we see now is that USD is not a safe heaven anymore. The question is how serious is the charges stagainst Trump. Think I am one of the most euro bullish on the thread due to fudamental reasons and the eurosone is improving but I am looking tto find the top of the ride to short the euro. Trader Dale put a video where he showed the big volume gained at the 1evel of 1,0870. So what we were witness to on the slow days where nothing happened long positions were made at a very high volume. I...

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Quoting nodoubt

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{quote} makes perfect sense. But in terms of financial investment and ROI, if FEd hikes again once or twice this year, the dollar would be the most profitable out of the biggest currencies, so it still has a strong ace in the hand

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Quoting Marianne

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{quote} The rates will increase also in the eurosone.

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Quoting nodoubt

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{quote} I am skeptical. They usually prepare the market at least 3 months in advance as per history. And first, they have to reduce the bond buying program. Not only they haven't started yet, but they are strong insisting they need to continue. And for sure the movement in Eu/USD happening now, has nothing to do with a possible hike in Europe in 6, or 9 months time or whatever.

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Quoting nodoubt

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for sure. that's correct. but not in less than 6-9 months perhaps. and that's far beyond for the FX now. And (if) when Fed hikes again, the $ gets extra advantage. PS- Yen would be the most valuable when BoJapan starts to hike not Eu.

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Quoting Marianne

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{quote} That is wrong. Forex goes before the market changes. That is the Challenge With forex trying to find out what really happens in the markets- Yen is increasing due to safe heaven and voiality in the markets. It was one of the strongest currencies under the Financial crisis sometning like 65 at the strongest i think at a rate of 0 before the other currencies put Down their rates If we see a YEN of 80 again we are going towards another Financial crisis I think and YEN havent had a rate hike for years

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Quoting nodoubt

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{quote} your judgement is a bit childish (hope u don't mind) if u think yen can reach 80 only if a new crisis. It can reach it through so many other non turbulent events. As example, how about 2% rate in Japan from negative now and 1% in US with the economy slowing down (due to anything from border tax to..) and debt screaming?

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Quoting Marianne

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{quote} Did you follow how the Japanese struggeled under the Financial crisis and the strong YEN? Have you seen the tasks they have been doing to keep the YEN lower? Why should the Japanese raise their rates more than other countries who never has any inflation at all- Anyway this is not an YEN thread

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Quoting nodoubt

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{quote} I guess we'll see soon, doesn't matter. Back to Eur, as I was saying earlier, this just came in now: ECBs Vasiliauskas: No Part Of Fwrd Guidance Is Immovable, No Rate Hikes Seen Before End-QE

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Quoting Luzbay

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I've taken the plunge. Short at 1.1143. Stop loss at 1.125 take profit at 1.08 Good luck out there.

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Quoting Zakhar13

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Now I assume that the price will go down a little to the 1.10833 point and then move up again to the 1.11710 point. But there is a possibility thet price go lower to the point of 1.09899. {image}

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Quoting jusstin911

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{quote} one of the most confusing post i ever read today this beat me hands down

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Quoting Connors

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{quote} He is pretty good actually.

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Quoting yanitsa

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Have a look at YEN and GOLD . Thats pure panic !

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