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AlpacaBlack
Oct 19, 2020 7:38 AM

EURUSD 19 Oct 2020 - Let's go with a break? 

EURO / U.S. DOLLARICE

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Not legal and financial advice; any information provided here is only the personal opinion of the author.

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Market highly manipulated by the whales. While fiber overvalued imho at extremes levels it is obvious that fake stimulus opera between Trump - Congress will be the main theme this week. Amazon drawing bearish diamond meanwhile, thks to Farris BABA to hint us all.

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range 1.1728 - 1.1702 at the moment

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Comments
Last_dinosaur
Eur/usd is seriously undervalued, imo we gonna get a spike soon, then steadily all the way up,few thousand pips
AlpacaBlack
@Last_dinosaur, Dino, frankly speaking I have a bit opposite view. Imho, EUR from the start of this project is seriously overvalued. But, this is not the fault of the European Union, this is United States of America will.
We can follow the lines only and to trade technical analyses as we are plain tiny retail traders risking our own pennies 4 that highly manipulated market. Better trade stonks or debt market than forex, forex is 4 masochist traders mainly.
Last_dinosaur
@AlpacaBlack, Exactly my thoughts - we both have quite opposite views. My take is that this balloon called Usd has to deflate in the nearest future to became somehow a normal currency as Eur (with real economical value) . Usd actual exchange rate is not reflecting Us economy - its just an empty balloon, Usd is absurdly overvalued as of now.
AlpacaBlack
@Last_dinosaur, Look at the 3Y USD Debt... another 0.2 pct down and nobody! will have such an opportunity to implement negative rates. If such huge debt market goes to negative then jpy and eur which are nothing compare to us debt market will almost disappear. My idea is that before is will fart in the floor - it will rise sharp and fast against everything. A supernova blast, something like that.
AlpacaBlack
@AlpacaBlack, BOJ and ECB are taking about negative rates only because FED still in plus, once you see FED goes to negative it is disaster 4 everything. USD positive... 4 a moment, but this moment can be very furious.
AlpacaBlack
@AlpacaBlack, sry US02Y and it is 0.15 above zero.
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