samblum_
Short

WHAT THE EURUSD CAN TELL US ABOUT THE US STOCK MARKET

OANDA:EURUSD   Euro / U.S. Dollar
As you can see, it looks as we are preparing for a correction in EURUSD             (So as of now, I am short. However I fully expect a possibility of a range). What does being short tell us?

It means in the near future (weeks-months because this is a daily chart ) the USD could gain some value to its Euro             counterpart. How would the USD gain its value? A great way would be if interest rates are hiked by the FED, giving the USD more attraction to foreign currency investors. This rate spike would counter inflation but we all know what a rate hike would do to the economy- slowwwww down. This would in turn go along with what we have been discussing in the markets lately as the SPX             and DJX have been facing.

It is a huge stretch and this should really be interpreted as a EURUSD             trade- but- it could mean a stronger dollar in the future CAUSED by higher interest rates- slowing the economy and stock market growth.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
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