chartwatchers
Short

EurUsd - Grexit, Brexit, Eurexit

FX_IDC:EURUSD   EURO / US DOLLAR
2159 13 49
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
Not all superheroes wear capes. Thanks!
+1 Reply
and with the US dollar strong and strong, nice. Lets short EURUSD.
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why you still belive the hike interest rate??
Curious: Fed might hedge by duing hike on July
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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
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
Yes I am meaning of July not June.
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does that means you expect a surprise hike next week ?!!!!
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Yes.
+2 Reply
huyngnoh chartwatchers
Interesting.
+1 Reply
I think the pair is now making down move after bouncing back from your trendline. Can we expect a down move now?
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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
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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