EURUSD: ST&MT View!
EU has been under recession for a while now and reached the bottom. Any peace in Ukraine will be positive EU.
On the other equation, the USA economy was the only economy going well up to month ago. But the recent economic data are sustainably showing weaknesses. Market has started to price in a recession.
Adding to the fear of recession, Trump tariffs.
So based on FA, EURUSD instead of going to parity, is showing a change of structure. I think, price has started the initial wave up.
On the other equation, the USA economy was the only economy going well up to month ago. But the recent economic data are sustainably showing weaknesses. Market has started to price in a recession.
Adding to the fear of recession, Trump tariffs.
So based on FA, EURUSD instead of going to parity, is showing a change of structure. I think, price has started the initial wave up.
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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.