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Europe
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
The Big Fight! EUR v USDTwo continents are into a currency war - and 'nobody' knows about it, except me of course. LOL.
Have a look. I start off with a 15 min time frame and look deeper into macro-economic time frames and trends.
Overall the EUR has been weakening against the USD for quite a long time. The trend shows it - everybody can see it on the 3D time frame.
Trend-following traders and those who use the techniques will know that 'trend is more important than price'. (This does not mean that you simply look at a trend and make decisions on that alone).
At this point in time (only) based on the technical picture, I expect the EUR to weaken and head south on a large time frame.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.