AlpacaBlack

EURUSD upd. Oct. 06, 2021 Weekly

AlpacaBlack Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Battle between "normal" and "extreme".
Unfortunately, you and I do not live in a "normal" world.
The event that took place in 2008 has not gone anywhere. The Fed then saved the situation by flooding the crisis with a huge amount of liquidity.
Nevertheless, the problem was not solved. The moment when the matrix reset did not happen.
Thirteen years have passed and we are closer to a reset than ever.
All of this is reinforced by the complete degradation of the elites in the form of a desire to make more money before the end.
The president of FED and his deputies don't give a damn about anything and trade for their personal pockets using all the power of their position.
America's withdrawal from Afghanistan shows the weakness of internal structures and the decay of the army.
The dollar take the leading position in calculations in the world market, but now no one wants dollars for their labor, because they are not worth anything.
They can be drawn on the balance sheet in one second electronically, as Powell says. You can draw them, but the problem is that you can't erase them.
Since the dollar accounts for nearly 70 percent of world trade, but no one wants it as payment, there are supply problems.
All this leads to higher prices for the original products of production, such as energy, for example.
In the current situation you and I are watching the hegemon fall, but before it falls, financial derivatives, which are not backed by anything but are denominated mostly in dollars, will collapse.
Before the big bang, as we know, there is a contraction.
The dollar liquidity squeeze will lead to an unprecedented demand for dollars for a short period of time.
No one knows where we will see this level, we can only roughly speculate.
T.S.T.W.

Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Comment:
I would like to add that the compression situation will not be long, it will be fast, so on the monthly chart you can see such a long tail under 0.7000, nevertheless the body of the candle will be around 1.10...
back to future notes - Think Mac Fly! Think!

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