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USDEUR

Euro Bullish modBecause i have nothing to do. but when i play Cryptos i have the choice to Play in USD or Euros. My choice for now is Euro. - Euro broke a 12 years downtrend (2008 to 2020) - Dollars printing machine is burning with Covid as results : - More Dollars than Euros printed = Euro Stronger. - Forex Trend can change with FA ( politicals blablabla / Economic War / etc ). - Could be more slow cuz i have habits with Cryptos. - Simple as that. ------------------------------------------- Trading Parts : ------------------------------------------- Buy Zone : 1.15$ ish TP : 1.35$ ish ------------------------------------------- Happy Trading !
Long
by thecryer
2
EUR/USD 1D analysis 06/07/21Hello everyone , as we all know the market action discounts everything :) as i showed you guys form a chart a week ago that the market is bearish with no signs of a reversal yet , a possible head and shoulders are forming but we will be waiting for the breaking of the neckline at 1.17735 area , indicators are showing the major trend right now and they are all bearish with { MA moving below the market price , MACD creating a negative divergence (bearish signal) , and ADX showing us that the market is trending with Di- moving above di+ (bearish signal} . Fundamental analysis : EUR/USD bulls in control and target a deeper retracement of the bearish daily impulse. EUR/USD continues with its sideways movement on Tuesday morning in the Asian trading session. The pair trades in a very narrow trade band with no meaningful traction ahead of the key economic data. At the time of writing, EUR/USD is trading at 1.1864, up 0.02% for the day. The US Dollar Index (DXY), which tracks the performance of the greenback against its six major rivals, trades below the 12-week high near 92.20 with muted gains. The US 10-year benchmark yields rise a little toward 1.44%. Investors stayed away from positioning large bets on the US dollar in a quiet trading session on Monday as exchanges remained closed for the Independence Day holiday. All eyes remained on the FOMC minutes to release on Wednesday. On the other hand, the single currency gains were limited as the ECB policymakers remained at odds with their new inflation strategy but confident to reach a consensus in the special meeting in Frankfurt next week, as per Bloomberg reports. Meanwhile, the IHS Markit Eurozone Composite Purchase Manager Index (PMI) came at 59.5 in June, slightly higher than the market estimates at 59.2. The Service PMI also read higher at 58.3 in June, above the market expectations of 58.0. As for now, investors await the Eurozone Retails Sales data and the US ISM Service Purchase Manager Index (PMI) data to gauge the market sentiment. Make sure to Follow and Like for more content If you have any questions please ask Thank you for reading.
Short
by GabiDahduh
1
EURUSD - USD Likely To Rise further - lower interest ratesWanted to share this around the outlook on the EUR and Dollar. Looking at a more long term chart one notices the weakness in time of the EUR versus the Dollar. All simple and forward. The dot.com bubble burst was more difficult for the EUR zone then the USD. Same for the subprime crisis. Then came the negative interest rate in Europe. And that sucked most of the life out of the EUR. These negative interest rates are still ongoing in Europe and along comes what history maybe falsely will claim to be the Covid-19. So what could we predict for the future of the EUR and USD. The US is dealing much better with the Covid pandemic. Vaccines are being administered in record times. The US economy will likely bounce back better and faster then in Europe. The now democratic leadership will initiate a central bank based digital USD and will use it to provide economy stimulus. The ECB will follow suit. Yet given that the US is pumping way more USDs into the world then EUR is being created all this stimulus will be stimulus in USD. The World Economic Forum is setting the tone of where the money will flow. Et voila, I believe the EUR will drop further. Keep in mind this is like all predictions crystal ball territory. I believe the historic view shows USD will reign. Only maybe the Chinese could put a dimple into that, but the US is sure to work against that. So stronger economy and recovery means stronger currency in my view. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Short
by CarpeMomentum