Get started

Parity

EURUSD: Inching closer to Parity?!!EURUSD Intraday - We look to Sell at 1.0595 (stop at 1.0657) The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Bespoke resistance is located at 1.0600. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.0600, resulting in improved risk/reward. Our profit targets will be 1.0452 and 1.0400 Resistance: 1.0525 / 1.0550 / 1.0575 Support: 1.0500 / 1.0475 / 1.0450 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
Could EURCHF Finally Breach PARITY & Head lower ?Since the conflict began, EURO has been the worst performing currency! Now with the conflict continues to inflict pain on the European economy, we can expect the EURO to keep weakening. Against the safehaven CHF, it hit parity not so long ago and with the SNB not hinting at any intervention in markets, it is likely that this pair breaches parity and keeps heading lower. With the fundamental factors strongly against the EURO, lets look at the technical part. Firstly there is the main talking point, the 1.0000 parity psychological support that needs to be cleared in order for the likely downtrend resumption. For this to happen, the monthly candle needs to close below 1.0000 mark. This would give this trade a high probability that indeed the price wants to head lower. The above main criteria must be met. Looking at other things, there is a steep descending trendline on weekly charts that would likely guide the price to its next support found at 0.97000 level. Have a look at the trade details below: TRADE TYPE: SHORT SWING TRADE STOP LOSS: ABOVE THE TRENDLINE AT 1.03000 (1:1 RR) ENTRY: 1.0000 (AFTER THE M CANDLE CLOSES BELOW PARITY, A RETRACE MOVE TO RETEST THE BROKEN SUPPORT MUST BE AWAITED) TAKE PROFIT: 0.97000 SUPPORT VISIBLE ON THE WEEKLY CHARTS The main criteria must be met first at all costs for this trade to be valid. Have a look at the main chart for complete observant info. Trade safely Cheers, I hope you find this insight helpful. Please Like & Follow for more insights into Major & Minor currency pairs.
Short
by FX618Analysis
Parity. Research for YourselfDo your own fundamental research. This move will chance how world economies work. The volatility is very high and this can happen very quickly. We are about 100 or so pips away from a parity phase concurring. 1.03 is a strong support. You can look at my last post. I go into some fundamentals there but I'd be writing a book about this. Analyst are picking up on this move, and I've seen some people saying there is a sub $1 euro. That could be a multi year phase. This is not fast money, but very important. Long moves have been squashed. Big money movers are shorting this. Research conflicts in Europe. Brexit still has to happen. Dollar being in demand (the yen is not the safe haven anymore). The USA is opening up work again. Any chance you'd get above 1.09 I'd short. Do your own research. It will make you a better trader in the long term
Short
by youngtiller
EUR/USD: The years-end-analysis - Likely to see PARITY!Hey Tradomaniacs, welcome to another weekly overview of EUR/USD! Let`s take a look at the year and what we see is a huge Sell-Off aswell! EUR/USD started this year @ 1,19873 and found our years high @ 1,25628 in feburary. After that we`ve just consolidated in a range between the peak and 1,22. FED`s rate hikes consistently punished the EUR which was affected by many different political circumstances like Brexit, italy, france and so on. The European Central Bank decided to quit the QE not as expected - But these might be the first signs of a hawkish policy. But will we seriously see a rate hike this year? I don`t think so. What is the consequence of the financial crisis in 2008? The ECB did nothing else than shifting a problem with financial injections by a ZERO-interest-rate-policy and the Money-Print-Rage + the QE. I bet you`ve heared about the quantity equation. The best way to fight inflation is to increase the interest rate. Since the recession is slowly on its way to destroy our economy again indicated by a cooling down economy and stockmarket the ECB can not just increase the interest-rate in 2019 as planned and Draghi probably wont even increase them during his term. Why? Because the only way to suppor the economy is cheap debts/money/credits. Technical aspects: -------------------------------------------------------------------------------------------------------------------- After the break through the Neckline we`ve seen a test of the 61,6% retracement and could show us the first impulse after the breakout of this S/H/S-Pattern. the next move is a retracement back to the trendline, where we bounced off again and created a doji aboce the candles body. Is all this a retracement ala kissback before we continue the journey to the south called "parity"? The FED`s policy is pretty hawkish because Jerome Powel has officially confirmed that the FED-PUT is gone. He won`t take a look at the Wallstreet anymore and prefers to take the economy and its climate as his indicator for his monetary policy. The S/H/S-Pattern target would be @ 1,05 which is between the 1.414 and 1.618 Fibonacci-Extension. The time-Zones are pretty accurate and should be taken seriously. Conclusion: I`m more bearish but it`s all up to the political situations around us in Europe plus the ECB`s upcoming desicions. -------------------------------------------------------------------------------------------------------------------- We will see what happens! I WISH YOU A HAPPY NEW YEARS EVE! Enjoy the time with family and friends! :-) --------------------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
$audusd : heading for parityPlanning on publishing charts more often.. instead of just on twitter. As the aussie moved up strong into the beginning of November, it started to range higher before heading up and peaking just under .74, double-topping around .73935. After it formed the double top on 3/12/18, it harshly sold off, bouncing off the range at .72xxx a few times before plunging through. Currently, this six-hour period is sitting right under that very same range after a failed resistance test coming off a sharp sell-off. I believe that the chart has confirmed that we'll be heading back down to the original range right above parity, or at least has provided a decent enough setup for me to risk capital on. I'm short here from .71875, 500x. Stop at .72088 for a low risk trade. 6.34 R/R.
Short
by UnknownUnicorn719792
1
EUR/USD: Weekly overview - The way to parity & S/H/S-Pattern!DAX: Weekly Overview! Chance to get back to 12.000 increases! Hey tradomaniacs, WELCOME to the outlook of EUR/USD. The currencypair EUR/USD seems to continue it`s downtrend and could move down to parity. Fundamental reasons could be the siuation in Italy not willing to desist from its high budget-plan (indebtedness) which got rejected by the E.U. which is forced to come up with consequences such as a excessive deficit procedure. The second reason is still the Brexit and it`S possible harsh outcome. Technical aspects: Within the last 5 weeks we were fighting at the important mark of 1.14 and mostly closed below this level. THIS price is a very important support-level as you can see in the history when the market went up and down in a sideways trend. The market tested the Fibonacci-Retracement of 61,8% (PHI) @ 1,12144 and bounced back to test the area of the previous low in MAY 2018 @ 1,15. The respected 200 Moving Average is right below the price and helped the market to find a support level. Overall, the market looks really bearish and should continue it`s journey down close to parity. If we break through the 61,8% retracement, the next logical support should be at 1.10. A break above 1,15 could turn the market upwards in order to continue the consolidation between 1,18074 and 1,14. The previous green candle shows a bullsih reversal which is actually a sigh of strenght. As always, everything can happen. Have a nice start into the week! Peace and good trades Irasor Wanna see more? Don`t forgetto follow me. Any questions? PM me. :-)
Short
by Trading2ez
2
EURGBP: Is Parity InevitableEURGBP Daily – Is Parity Inevitable? Earlier today the Euro broke the psychological $1.200 handle for the first time in 2 years whilst and it is now heading towards an all time high against the British Pound. At the start of the year, analysts had predicted further weakening for the Euro. We are now at the end of August and those predictions could not have been more wrong with the Euro rallying strongly. Despite being overvalued by most indicators, the Euro has continued to strengthen and this is expected to carry on. One of the biggest reasons for this is that the common currency is increasing its appeal to investors and traders as a safe haven. When analysts talk about safe haven currencies, they are usually referring to the US Dollar, Japanese Yen or the Swiss Franc. However, over the past months, demand for the dollar and yen during risk off sentiments have been lower than usual. For the Dollar, this is due to political uncertainty and the conflict with North Korea. Meanwhile, with the Yen, it is due to the risk from North Korea. As we saw yesterday, a missile fired into the Pacific Ocean by North Korea, flew within Japanese airspace, prompting, Japanese official to warn residents who could have been affected. The majority of global risk has been from the two factors mentioned here, which means that the most attractive safe haven currency left would be the Swiss Franc. However, the current stability in Europe and anticipation of the ECB winding down its large QE programme, has made the Euro a great currency for both investors and traders. The Euro strength has been mentioned as a concern by the ECB but they have not indicated plans to take any action just yet. Now that EURUSD has broken above, $1.200, traders should expect an ECB official to address this in the coming days but it is still unlikely for them to intervene. The CFTC commitment of traders reports last week also showed an increase in net long positions on the Euro, also suggesting that the rally is set to continue. However, analysts have mentioned that the Euro strength will weigh down on European companies as it becomes more expensive to import from the Eurozone, with the DAX dropping to 5 month lows yesterday. In the UK, the biggest fundamental factor continue to be Brexit but a lack of progress in talks has actually helped the pound to strengthen. The EUs Juckner is not happy with the position papers handed to the EU from the UK government. UK officials are complaining that the EU are simply being stubborn and currently negotiations look as if they are at a stalemate. The United Kingdom would like the EU to be more flexible and talk about their future relationship, whilst at the same time talking about the separation process. However, the EU are adamant that they will not talk about any future relationship until the terms of their divorce with the UK are resolved. It seems that the biggest hurdle in all of this is the agreement on how much the settlement bill should be, with Brexit secretary Davis saying that the UK will only pay what it is legally obliged to. The current situation is helping to support the pound at the moment but with the BoE not showing any signs of hawkishness, it is highly likely that any appreciation in the Pound is simply a retracement. Today, EURGBP has broken its 2016 high and we now expect it to reach its all time high at around 0.9800. Following this, Brexit makes it seem inevitable that this pair will reach parity but it will also depend on how long it takes to reach these levels and what impact the Euro strength is having on the Eurozone economy. We will be looking for buys on this pair, ideally after some sort of retracement. However, if we do not get a retracement, we will still looking to enter a smaller position and add on to this along the way.
Long
by priyesh
Risk Parity - Finance lesson 1 Warning Long Macro Post ahead! The aim of this post is to open the discussion on risk parity and add insight into why some of the largest macro funds in the world use the strategy of risk parity . ... It is basically an asset allocation concept. -> At what point do we have our portfolio 100% in these really safe securities (safest of all is inflation protected securities... which are bonds issued by sovereign entity without inflation return) Yields are very small.. sub 1% usually. -> Then you have normal bonds, these can be any kinds of bonds . They don't have to be treasuries they can be corporate bonds. -> And then you have mixed portfolio , which is maybe 60% stocks and 40% bonds... -> Or perhaps a really risky portfolio with 100% stocks -> Or EVEN riskier with 100% Emerging Market Equities . +++++ The question is what kind of returns do we expect? +++++ One of the ways people employ Risk Parity is a re-balancing concept;
CBOE:VXXEducation
by TheBanker
3
We Gonna Parity Like It's 1999Amazing similarities between the crossing of the parity threshold of Bitcoin's ratio to Silver & now Bitcoin's ratio to Gold. Bitcoin first 'kissed' parity with Silver back in June 2011. To only come back & smash it in February 2013. Bitcoin first 'kissed' parity with Gold back in November 2013. Now it's time to smash it as well. Remember there are over 280 troy ounces of Gold for each & every one of the 21 million total Bitcoins that will ever be mined. Bitcoin's sound money functions are superior to gold, & Bitcoin is teleportable across the internet. In other words no U-Boat can sink it to the oceans depths & destroy it's 'Standard' like what happened to Gold.
MTGOX:BTCUSDLong
by UnknownUnicorn59736
2
BTC/GOLD Ratio Is The Chart You Want To Watch #Bitcoin $XAUBTC/XAU has come close to parity 3 times, first in 2013, second in Jan 2017, and third in this ongoing rally towards breaking ATH. Typically, BTC/XAU has had strong rejection between 0.8-1, depending on the value of BTC on the exchange that you consider. XAU/USD just painted a reversal on the monthly, which could signal the end of a 4 year downtrend. Unless BTC/USD breaks all time high this month, we may see another strong rejection as we climb closer to parity again. As I shared on twitter, twitter.com it either breaks this week, or will consolidate for a further 3 months before breaking. I think It's only a matter of time we see BTC > XAU, but when will that happen?
B
by onemanatatime
1