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€/$ Fundamental-Macro Trading

Still trying to engage in short selling at these levels

€/$ Fundamental-Macro Trading

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€/$ Fundamental-Macro Trading

Okay, the CNH has predicted every move of the € today, but yeah just ignore that. image

EURUSD only

Update: image

€/$ Fundamental-Macro Trading

€ is selling on the headline PBoC: Tells Foreign Firms Yuan Won’t Keep Falling I know this thread is only about EUR/USD but I advice to have a USD/CNH chart open at all times, because whats happening with the Yuan is affecting the € for now.

EURUSD only

Bullshit, if it was due to market forces then they would increase overnight swaps and margin call all the shorts who were buying USD/CNY. PBoC is lying.

EURUSD only

Just woke up to see the mess asia session was. I dont believe we don't see 1.10 again, trend following stratragies are starting to kick-in and yesterday move was all on hopes of more FED cuts because of the yuan devaluation. If the Yuan keeps stable ...

EURUSD only

in my opinion even a close above 1.12 should not confirm a bottom. Market psychologically is bullish the €, and i believe large margin players are long the pair but conditions are looking good for the $ to rally, unless there is action from the ...

EURUSD only

The only problem selling here is the risk of a Trump tweeting to weaken the dollar. I give it a 80% chance that he will mention it today.

EURUSD only

Yes the way its going it can trade to 1.12, but todays is a day for swing trading, i'm not going to buy here.

EURUSD only

Its quite something we are trading above 1.11 in the 70s given what happen overnight (yuan devaluation) and the FED announcing they will only cut once or twice before starting raise rates again. I'm selling here, to a move sub 1.10

EURUSD only

lower margin market participants are getting stop-out, this is a very good opportunity to sell, we are probably topping in this bounce. Enganging in short-selling here. image

€/$ Fundamental-Macro Trading

Some price action analysis taken from the last trading days. - price went above 1.11, indicating poor selling motivation - There was no breakout selling (trend following strategies have not kick-in or have been caught by surprise) - Price moving ...

€/$ Fundamental-Macro Trading

Expected €/$ trading action, model assumptions: FED will not enter an easing cycle ECB will introduce a new QE program before year ends & cut deposite rate further down image

€/$ Fundamental-Macro Trading

Shorting €/$ above 1.11 because we are going below 1.10 in the next coming days image

€/$ Fundamental-Macro Trading

US Goverment level action is needed to support the € at these levels; I think your best hope is a Trump tweet storm before friday.

EURUSD only

Too soon and wrong. Thats how I feel about how I positioned myself on €/$ market. I was very bullish this market but recent developments shows very little reason to buy for the long-term. Support for the € will only come from Trump administration ...

€/$ Fundamental-Macro Trading

At this point only at a goverment level (Trump) we stop going lower. And I was very bullish the € but with the FED cutting once, while the ECB is about to do another €400bn of QE and more negative rates. Even technical analysis, this looks like a ...

EURUSD only