Is the Euro's Stability a Mirage?The Euro Currency Index stands at a crossroads, its future clouded by a confluence of political, economic, and social forces that threaten to unravel the very fabric of Europe. Rising nationalism, fueled by demographic shifts and economic fragility, is driving political instability across the contin
Geometry: Using Chords to Predict Trend EndpointsIdentify Key Points :
Start by pinpointing significant highs and lows within the trend. These will be the endpoints of your chords.
Draw Chords:
Connect these significant highs and lows with straight lines (chords). These chords represent potential paths the market might follow.
Analyze Chord
Rate-cut discussions are prematureThe ECB left its monetary policy unchanged, in line with expectations. The information available since the December meeting has largely confirmed the central bank’s assessment of the medium-term inflation outlook, leaving the Governing Council (GC) in a wait-and-see mode. ECB President Lagarde confi
EXY - Struggling markets forces it to be in a volatile range IMOWe can see EXY being expensive, with some semi important support levels while DXY on it's own has been trading in a Discount, with important support levels too. This EXY year long range brings our attention to the fact that it could break in any direction even though it coul reject the highs a 2nd -
EXY - ANALYSISFrom the technical viewpoint, we see a breakout and retest of the zone at 108.50.
The retest is exactly at 50% fibo level.
Fundamentally, there are news expected this week from German inflation and the ECB President's speech. All these are expected to be positive from our analysis which means we exp
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Euros WCO reached its highest quote on Apr 22, 2008 — 160.20 USD. See more data on the Euros WCO chart.
The lowest ever quote of Euros WCO is 95.59 USD. It was reached on Sep 28, 2022. See more data on the Euros WCO chart.
Euros WCO is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Euros WCO futures or funds or invest in its components.