hannabanana

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hannabanana hannabanana EURUSD, D,
EURUSD: Could there be a downward channel forming on the EURUSD daily?
99 0 8
EURUSD, D
Could there be a downward channel forming on the EURUSD daily?

This is just a thought but currently I am favoring EUR short as usual given the increasing rate differentials between US and EU. We will need to see how everything pans out from here..

hannabanana hannabanana EURUSD, M, Short ,
EURUSD: Monthly View of EURUSD
89 0 11
EURUSD, M Short
Monthly View of EURUSD

The past several months every time EUR tried to breach 1.15, they were all rejected.

hannabanana hannabanana EURUSD, W, Short ,
EURUSD: EURUSD
96 2 11
EURUSD, W Short
EURUSD

next week may be the start of the next big move downwards..

hannabanana hannabanana EURUSD, D, Short ,
EURUSD: Could go all the way up to 1.1040
100 0 11
EURUSD, D Short
Could go all the way up to 1.1040

Could go all the way up to 1.1040 today..I am still short regardless....thinking of fundamentals it makes more sense to be short given that the ECB did cut rates and extended the QE time frame. EUR is likely to now officially become a funding currency. Furthermore, FED will now be able to raise rates without worrying too much about the exchange rate...

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