EUR/USD Huge Profit on Simple Strategy Aggresive Sell off
I have seen many different web sites and public ideas missunderstanding the chart combined with a wrong fundamental analysis about EUR and USD. being wrong with some big players presenters like Donald Trump, Yellen, Draghi and by confusing real solid economic data.
First we need to understand what next is. As you can see, my chart has been always the same. Being quite and disciplined despite of the solcial medias saying something different to my analysis. We can see a very manipulated USD during the last 2 weeks, with a hike rates news confirmed FED can give it power as rocket breaking max highier highs. That can impact very hard the global economy in different aspects. So, US decided to send USD lower, sending weak messages to avoid an stronger dollar until rate hikes. That boosted the EURUSD to 1.0700 levels. That doesn't mean we have to ignore de reality, which is a perfect jobs report for having paved the way for the Federal Reserve to make an aggressive interest rate hike. EUR still weak and if we see an improvements won't be this week. This is the turn for USD to rock the market. What do I expect? an aggressive sell off during FED sesion. All that purchasing volume we have seen duirng last Firday against a solid jobs report has been dumped and needs to pumped started today.
First we need to understand what next is. As you can see, my chart has been always the same. Being quite and disciplined despite of the solcial medias saying something different to my analysis. We can see a very manipulated USD during the last 2 weeks, with a hike rates news confirmed FED can give it power as rocket breaking max highier highs. That can impact very hard the global economy in different aspects. So, US decided to send USD lower, sending weak messages to avoid an stronger dollar until rate hikes. That boosted the EURUSD to 1.0700 levels. That doesn't mean we have to ignore de reality, which is a perfect jobs report for having paved the way for the Federal Reserve to make an aggressive interest rate hike. EUR still weak and if we see an improvements won't be this week. This is the turn for USD to rock the market. What do I expect? an aggressive sell off during FED sesion. All that purchasing volume we have seen duirng last Firday against a solid jobs report has been dumped and needs to pumped started today.