Get started

Eurodollar

Europe is arming. Will the printed money go to the gun? &USAWhen we look at the past history, Germany, whose army was liquidated by nato and russia, decided to form an army again. Europe will invest its savings in arms. Since the world arms market giant is America, the biggest demand for dollars will come from Europe, what triggered this, Russia's attack on Ukraine? of course no. The second largest army of the allies is the rapprochement of Turkey with Russia and China. Read. | BRICS | SCO | Source : www.theguardian.com www.economist.com www.ft.com www.bloomberg.com www.reuters.com This is a game. Players, please take your seats. It is not investment advice.
by TraderEtc
Looking at a few months of parabolic collapseThe US has a plan to beat inflation: by creating more inflation. Official announcement, no joke. The "Inflation Reduction Act" is a brilliant plan to burn hundreds of billions of US Dollars in order to reduce inflation. And... it's working... Wave 1 and 3 are both around the same size at about -25%/-30%, and I believe wave 5 is going to either be of a similar length or be the extended one at -35% or more. My intuition tells me investors are going to keep being silly (exhibiting or indicative of a lack of common sense) a few months and then things will reverse. If I am correct according to the IMF and big banks the euro was already undervalued by a double digit percentage at 1.20 and now it's just getting embarassing. Reasons to believe the euro is worth less: - Germany (unlike France) hates nuclear, so energy costs weigh on its economy, plus it wants to tax gaz harder and harder - Little support below parity until ~0.86 - Momentum of a fireball, or a big truck at full speed - It does not seem like Europe has any plan to fight inflation (yet?) - The USD will keep going up simply because the world is full of stubborn and risk-averse old people that have done the same thing their whole lives - I cannot find any reason for it to go up yet, other than it's undervalued (as it has been for years) No matter how dumb it is, follow the herd! Definitely short on the Euro, thanks for the money suckas.
Short
by MrRenev
3
EURUSD Holding Above A Key Support The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas supplies later this month will exacerbate an energy crisis The dollar index, hit new five-week highs as Federal Reserve officials reiterated an aggressive monetary tightening stance ahead of the Fed's Jackson Hole symposium this week. The EURUSD seem to hold above 0.99521 support level on the daily chart, a violation for the mentioned support may open the door for a further losses towards 0.98614 support level. The main view still bearish as long as we're within the downward sloping channel (we can expect lower lows) - but an upward correction is expected on the short term.
by AlyaAkram
$EURUSD Major Historical Bottom - Buying OpportunityFrom 2008 till today, the Euro has been in a steady downward spiral. It's been 14 years of this, but I believe this trend is close to an end. This idea coincides with my DXY major top outlook which I published a while ago. This doesn't necessarily mean Europe is entering a bull market (although it's possible) but it does mean that the US Dollar has probably peaked as the global reserve of value at least for a few years. I would expect rapid recuperation of value of several other currencies like GBP, AUD, CAD, etc. against the USD.
Long
by yRodos
Preferred trade is to sell into rallies on EURUSDEURUSD - Intraday - We look to Sell at 1.0095 (stop at 1.0154) The medium term bias remains bearish. Price action has broken from the previous formation. A firmer opening is expected to challenge bearish resolve. Resistance is located at 1.0100 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 0.9956 and 0.9925 Resistance: 1.0100 / 1.0400 / 1.0800 Support: 0.9955 / 0.9900 / 0.9800 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
💵Euro/U.S.Dollar💵 Analyze (Short term)!!!Euro is running in microwave 5 of main wave 5; I expect that Euro will go up(short term) from the end of wave 5 zones that I showed in my chart. Also, we can see the Regular Divergence (RD+) between Price and MACD/RSI Indicators. 🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 1H⏰ 🟢Heavy Support Zone🟢:1.000$ until 0.995$ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
5
$EUR - Be prepared...!$EUR - Be prepared...! $EUR - What a mess! We've shifted gears this morning. Fundamental reasons as I stated in my previous posts and various others there is no good data coming out of EUR. Now as you look across the board its DXY move and you have precious metals, crypto, Indices and majors under pressure. This could continue! However, further insight will be happening at Jackson Hole. Which is another event to see what Powell has to say - Dovish or Hawkish. Europe shot themselves in the foot when it comes to further sanctions, as Europe overall heads into an energy crises. Germany & French electricity prices keep climbing, hit fresh records. German year-ahead power is on a nine-day rising streak. Contract rose 1.4% to record 545 euros per MW/h. Europe year-ahead coal futures climbed 2.1% to a record $311.50 a ton, and the river Rhine having issues due to low levels and lastly German producer prices on record (+5.3% MoM). It really doesn't look very pretty at all! Have a great weekend, TJ
by Trade_Journal
Resistance located at 1.0150 expected to cap gains on EURUSDEURUSD - Intraday - We look to Sell at 1.0144 (stop at 1.0183) Following yesterday's bearish candle, the overall trend lower looks set to continue today. Price action has broken from the previous formation. A firmer opening is expected to challenge bearish resolve. Resistance is located at 1.0150 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets will be 1.0051 and 1.0030 Resistance: 1.0150 / 1.0400 / 1.0800 Support: 1.0050 / 1.0000 / 0.9950 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
EUR/USD analysis: Euro to fall below parity on EU gas crisis?Europe's wholesale natural gas price (Dutch Title Transfer Facility TTF ) rose to levels not seen since the aftermath of Russia's invasion of Ukraine, bolstered by a mixture of continuing supply disruptions from Russia and soaring demand for power generation in the midst of persistent heatwaves across Europe. Gazprom ( GAZP ) announced that European gas prices could increase by 60% this winter, as the company's exports and production continue to fall as a result of Western sanctions. From a macro standpoint, the European gas crisis is wreaking havoc on the economy of the Eurozone and this effect has already been quite visible on the EUR/USD trend in 2022. European and American natural gas price differentials have been widening to their all-time highs, and the EUR/USD currency pair is just 1.7% far from hitting parity again. EUR/USD fundamental analysis: EU/US gas price spread plays a key role According to the most recent NYMEX/CME Group data, US Henry Hub spot prices are currently trading at a $57/MMbtu discount ( THD ) relative to Europe's Dutch TTF benchmark as of mid-August 2022. The link between EUR/USD and Henry Hub-TTF spread has increased significantly over the course of the summer, with the rolling 90-day correlation coefficient rising to 0.82. This is basically telling us that the lower US natural gas prices trade compared to the European Dutch TFF prices, the stronger the downward pressure on the EUR/USD pair. Along with the economic growth and interest rate disparities between the two regions, the more severe natural gas crisis that Europe is experiencing compared to the United States is now a key macro factor affecting the EUR/USD exchange rate. EUR/USD forecasts: The pair could fall below parity if EU/US gas spread widens further If the European gas crisis worsens in the coming months, the price differential between EU Dutch TTF and US Henry Hub natural gas could widen further, which would likely cause the EUR/USD pair to break decisively below the parity threshold. A de-escalation in the Russia-Ukraine conflict, coupled with a decline in the price of Dutch TTF gas, will be a key factor in preventing a further depreciation of the single currency. However, this second scenario appears much less likely. Idea written by Piero Cingari, forex and commodity analyst at Capital.com
by Capitalcom
1
EUR/USD -Trend reversal?-• US inflation data surprised to the downside for the first time in months • Markets were relieved, emerging currencies soared across the board • Investors starting to expect less aggressive Fed rate hike path • Buyers need to be cautious here as a single data won't change the Fed's decision • We should see a series of declining prices in order to be more confident of a trend change • Technically, the pair broke above a descending channel and is being supported by a 20 SMA which is starting to turn up • Bulls are now testing the 50 SMA and the 2017 lows around 1.0360 • Rally is seen trading inside a rising wedge which in this case could be a bear flag following the sharp move from 1.07 to 0.99 • Traders better wait for a breakout either above the flag or below it, before placing any order
by RamziAbouAbdallah-CMT
1