FollowTheMoney-FX

FollowTheMoney-FX

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FollowTheMoney-FX

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FollowTheMoney-FX

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FollowTheMoney-FX

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FollowTheMoney-FX

Picking up some liquidity by taking price through the support zone over 45.xx then going back down into the zone around 51. Supply (big reserves) and demand (people are driving Tesla's nowadays apparently).

FollowTheMoney-FX

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FollowTheMoney-FX

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FollowTheMoney-FX

Buy

FollowTheMoney-FX

Fundamental analysis: EUR Bearish: 10 point rate cut announced by the European Central Bank (ECB) and they have already been cutting rates before. 20 billion per month in asset purchases. Looming economic crisis in the Eurozone. A lot of retail traders are now long upon the rally after the ECB announcement (a rally that trumps me after such bad outlook...

FollowTheMoney-FX

Fudamental analysis Euro: Bearish Cutting interest rates deeper into negative and Christine Lagarde looking to cut them even more. Data coming out of the Eurozone is negative (German auto-industry and export data from France = two biggest economies in Europe). Eurozone near a recession (hence why the UK want to abandon ship so dearly). China and Japan...

FollowTheMoney-FX

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FollowTheMoney-FX

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FollowTheMoney-FX

Fundamental analysis Euro: Bearish Cutting interest rates deeper into negative and Christine Lagarde looking to cut them even more. Data coming out of the Eurozone is negative (German auto-industry and export data from France = two biggest economies in Europe). Eurozone near a recession (hence why the UK want to abandon ship so dearly). China and Japan pulling...

FollowTheMoney-FX

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FollowTheMoney-FX

Fundamental analysis: CHF: Economy is doing well. Interest rates are somewhat steady. Pegged to the gold price for 25% of their currency holdings and since gold is in an uptrend (now correcting) I feel like we should see CHF go up again after the correction in gold is done and dusted. Currency will be less affected by looming EU economy. JPY: Economy doing...

FollowTheMoney-FX

Fundamentals: CAD: Bearish Pegged to commodities like oil. I think there is still a surplus of oil supply and it will overpower the actual demand for fossil fuel in the upcoming months. Interest rates are okay so far for the CAD. JPY: Bullish Number one safe haven Risk off - threatening with cutting interest rates but I do not see it happening in the near...

FollowTheMoney-FX

Fundamentals: Bullish I am overal bullish on gold due to a global economic slow up; The USD that is going to start devaluating due to the US cutting interest rates to counter the very high US dollar strength, and therefor people flocking to gold. Bearish We have had a very big run for now with almost no drawback starting from around 13.000 in June to the monthly...

FollowTheMoney-FX

Fundamentals GBP: Bearish Brexit uncertainty: Chances of a no-deal Brexit (which is in my opinion highly unlikely because it would not be beneficial for the EU as well as the UK). GBP weakness throughout the whole year so far. Saunders opening up to the possibility for a rate cut by the BOE. USD: Bullish Strong dollar throughout the year so far. Good economic...