DAX prior the ECB Meeting too much dovishness priced in or not? Please watch the video carefully to understand my Counts. There are points where certain scenarios become invalid.
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EUR/USD prior the ECB Meeting definitely worth a deeper lookToday the ECB Meeting takes place. At 13:45 the Interest Rates will be announced here a cut is expected and already priced into the markets. At 14:30 it should get really interesting here Draghi will hold his last important speech at the ECB, it is expected that this speech will be very dovish kind of a farewell present from Draghi and we have seen that the markets definitely have priced in the outcome of this speech already, but could it actually be that that at this point of time too much has been priced in? We will see shortly....
EUR/USD prior the ECB Meeting this Thursday I am thinking Euro/Dollar could finish a bigger corrective structure, however during the ECB meeting I am also expecting another move to the downside. After the meeting is done there could be bigger long swing playing out since I am assuming that most of the ECB rate cut on Thursday has been already priced in.
FED & ECB : Are we on the verge of a Paradigm Shift ?LINK to the article : www.linkedin.com
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EUR pairs: What's next?Presenting you 4 precise fundamental factors that could determine the future of EUR pairs. Let me know what you think! Give me feedback! :)
Can Euro Break out of the Range?EUR/USD is currently situated between 1.1400 and 1.1340s. A break below this range could led to further downside price action.
As of now, Euro stands still awaiting a confirmation to the downside.
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Continued Euro Short Downside to 1.1000In this video, I explain some thoughts behind the euro weakness and shorting opurtunties into the new year
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Euro Analysis for week ahead 10/06-15/06eur/usd critical ket levels being tested with heavy news announcements next week
10Year German Yields : A Scenario to profit from QE endingHope this idea will inspire some of you !
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Euro Retracements In Progress. Further Downside Expected EUR/USD, EUR/JPY. EUR/AUD, EUR/GBP
Weak Data, Dollar Strength, euro can gain some ground for a moment here
ECB PreviewOnce again the ECB is challenged with managing market expectations, while at the same time assuaging concerns within the governing council that the prospective tightening profile (if we can call it that) is starting to lag the growth seen (on average) in the region. Emphasis is being placed on the possible wording on the easing bias, which naturally is hard to include with economic traction developing despite some modest fade in the growth metrics.
Sluggish inflation will be the counter-balance to this argument/view, and herein lies the direct and indirect reference to exchange rates, which also serve to add headwinds (or tailwinds) to exporters, who are in the spotlight at present given the proposed actions of the Trump administration in the US. Nevertheless, some form of adjustment in the statement would appease the hawkish members, and the ECB are ever hopeful that the market is or has priced in the eventual end to QE, hence the constant reiteration that rates will not rise until well past the end date.
Focus on the staff projections will be on the growth figures, with core inflation picking up, and forecasts on the headline rates tempered by currency forecasts which will have been adjusted higher. Economic expansion is more likely to be revised up if anything, given the ongoing robust outlook, and only minor adjustments are anticipated at best if at all. There is a strong chance we get a less volatile reaction from the EUR today, but the market is tightly constrained by limits ahead of 1.2100 on the downside, while 1.2500+ looks a stretch at this point given market positioning.
