Things are still pretty uncertain with the FED unwinding the balance sheet which has never been done before, the technical looks like a short for the euro for now and the COT reports are showing non-commercials pulling long positions and adding more shorts. It looks like there is still a down side to the euro. The yield curve widened on US treasuries.
Things to consider is that US equities are still high and a correction may come soon.
Things to consider is that US equities are still high and a correction may come soon.
Note
COT BreakDown here can be found here. imgur.com/a/dUloteiDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.