chartwatchers
Short

EurUsd - Grexit, Brexit, Eurexit

FX_IDC:EURUSD   EURO / US DOLLAR
2152 13 47
The EurUsd             seems to be testing back the daily trendline.
As the FOMC meeting and Brexit coming closer and closer I start to think we must have one more leg down.

We could easily have 3 weeks of decline caused by a FED rate increase next week and a Brexit panic the week after next.
Nice did not think about the Brexit thank you.
+1 Reply
XTAL.ball
5 months ago
Not all superheroes wear capes. Thanks!
+1 Reply
alanprotrader
5 months ago
and with the US dollar strong and strong, nice. Lets short EURUSD.
+1 Reply
isaac312 PRO
5 months ago
why you still belive the hike interest rate??
Curious: Fed might hedge by duing hike on July
+1 Reply
chartwatchers PRO isaac312
5 months ago
I think they will surprise everybody. They have to do it this summer. If they don't do next week they will do in July.
+4 Reply
AL_G chartwatchers
5 months ago
thats exactly what i think, market approaching all time highs, data somewhat good besides gdp & jobs report, and that bad nfp report was only 1 month. why not raise?.... they wont do it during the election. thats just my opinion
+1 Reply
isaac312 PRO chartwatchers
5 months ago
Yes I am meaning of July not June.
+1 Reply
shero
5 months ago
does that means you expect a surprise hike next week ?!!!!
+1 Reply
chartwatchers PRO shero
5 months ago
Yes.
+2 Reply
huyngnoh chartwatchers
5 months ago
Interesting.
+1 Reply
KimNisar
5 months ago
I think the pair is now making down move after bouncing back from your trendline. Can we expect a down move now?
+1 Reply
andrej123456
5 months ago
Hi. Are you short on EUR/USD ? If yes, will you hold it till FOMC or close before it ? Thank you.
Reply
chartwatchers PRO andrej123456
5 months ago
Yes I'm short and I'm holding it through the FOMC.
If no rate hike Yellen will prepare the market for the July reat increase.
They have to do it then. She is not going to increase near to the elections. The risk is too much she loses her job...
:)
+1 Reply
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