EUR price band based on October Open Interest

FX:EURUSD   Euro / U.S. Dollar
53 0 2
2 scenarios can unfold in the coming weeks.

1st: EUR will shoot to 1.15 before retracing

The case for a EURO             to soar is if the FED maintain its rate this month and October and continuous sell-off in the stock market. And when the US election comes, investors will probably buy the USD specially if Trump will win the US presidency.

2nd: EUR will fall to 1.09 before rebounding

Market could price in the expected rate hike specially when we see continuous positive data. And rebound when US election comes, ceaseless contraction in the stock market.

Bottom line is, high percentage sell @ 1.15 and buy at 1.09 based on OI positions

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out