Algokid

EURO VS. USD - Can we Finally be Bullish on Europe ?

BATS:FXE   CURRENCYSHARES EURO TRUST
399 10 4
Has you can see on the chart, The euro             has broken its ~ 1 year resistance. The ECB announced yesterday that they would buy UNLIMITED amount of 1 - 3 yr bonds for the next 3 months or so.

Will this be sufficient to lift the Euro             long term ? Is this the beginning of end of the Euro             crisis ? or this is simply another lower high ? The break is confirmed on the daily , weekly, and monthly chart.

Please tell me what you guys think of this situation.
Followed.
Reply
Agreed.
Reply
What is UUP, Amex?
Reply
Algokid PRO livingdaylight
UUP is the US Dollar Index Bullish , basically an ETF that represents the U.S. Dollars

AMEX : short for the American Exchange, that where most ETFs trade.
Reply
Agreed.
Reply
Agreed.
Reply
Bull signal of course
Reply
Agreed.
Reply
Our take on the eur/usd Long Term
Reply
Algokid PRO darcy kincaid
Interesting . Thanks for for sharing
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out