JohnKicklighter

EURUSD is Rising in Risk Aversion, Not a Historical Norm

FX_IDC:EURUSD   EURO / US DOLLAR
447 6 12
The US Dollar             is the prized 'liquidity' currency. So, why with the market turning to risk aversion is the Euro             outpacing the Greenback? http://www.dailyfx.com/forex/video/technical_analysis/2015/08/21/Strategy-Video-Why-is-the-Euro-Rallying-in-Risk-Aversion-.html
Look at candle 27.04.2015 it looks very similar I think
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Last year a lot of people was waiting for signal to sell eurusd but it had been rising for a long time nearly up to 1.4000.
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Link not working mate.
+1 Reply
hachre IvanLabrie
http://www.dailyfx.com/forex/video/technical_analysis/2015/08/22/Strategy-Video-Why-is-the-Euro-Rallying-in-Risk-Aversion-.html
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techinically big patterns keep the trend still down

so i will look monday for signal

this week was very steep in this pair and also considering for a steep up move

it would needs to retrace some
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IvanLabrie PRO RiccardoBartolini
Indeed, 3 days in a row where range was bigger than the previous day. It will retrace now, on the back of options expirations.
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