Euro / U.S. DollarShort
You will have to be brave to short from here
I had to go all the way up to the monthly to find some kind of pattern because everything else is pure chaos.
I don't trade these timeframes and wont be trading this instrument but this looks like a short squeeze right here.
There is a reason its doing this. Equities are at all time highs, dollar is weakening, vix is falling.
Still cannot bring myself to be a buyer right here. Summer doldrums are upon us so maybe the market will stop and chop.
I don't trade these timeframes and wont be trading this instrument but this looks like a short squeeze right here.
There is a reason its doing this. Equities are at all time highs, dollar is weakening, vix is falling.
Still cannot bring myself to be a buyer right here. Summer doldrums are upon us so maybe the market will stop and chop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.