1. Euro continues QE and pumps confidence into currency through debt restructuring with the goal of keeping the house of cards propped up
2. Draghi steps down October 2019
3. Italy defaults + exits
4. Other countries begin to collapse under the pressure of debt, climaxing with Germany
5. Euro breaks parity
6. Full nationalist revolt, EU breaks up by 2022
This also plays into the $DXY expansion bars that need to be filled down to the 91/92 level which buys the Euro another 6 months or so.
Emerging market crisis will fuel the USD and stress the Euro even further.
Brent crude prices will eventually break, falling to $25 levels, delivering a fatal blow to the fringe economies surrounding the EU in the refinement sector. Trade will slow considerably.
The trade of the decade will be a EURUSD short which I will start building around 1.18-1.19. The carry alone will most likely yield 2% even if the USA pauses QT.
***NOT PROFESSIONAL ADVICE DO NOT USE ANYTHING ON THIS CHART OR DESCRIPTION TO MAKE A FINANCIAL DECISION***
2. Draghi steps down October 2019
3. Italy defaults + exits
4. Other countries begin to collapse under the pressure of debt, climaxing with Germany
5. Euro breaks parity
6. Full nationalist revolt, EU breaks up by 2022
This also plays into the $DXY expansion bars that need to be filled down to the 91/92 level which buys the Euro another 6 months or so.
Emerging market crisis will fuel the USD and stress the Euro even further.
Brent crude prices will eventually break, falling to $25 levels, delivering a fatal blow to the fringe economies surrounding the EU in the refinement sector. Trade will slow considerably.
The trade of the decade will be a EURUSD short which I will start building around 1.18-1.19. The carry alone will most likely yield 2% even if the USA pauses QT.
***NOT PROFESSIONAL ADVICE DO NOT USE ANYTHING ON THIS CHART OR DESCRIPTION TO MAKE A FINANCIAL DECISION***