EXY trade ideas
Euro index time and price analysisI believe this range can extend up to 5 months in time until mid July , then we shall have a strong rally up.
EXY FibHere we can see that EXY touches the 50% level and fluctuates around 38.2% as well. With Brexit vote looming around the direction of EXY will heavily be influenced the news and that shall determine how the trade proceeds. EXY is gaining strength on smaller timeframes so I will be looking for a Buy stop order.
Understanding the Euro Zone Crisis in 7 minutesPresenting you the Euro crisis in a nutshell, enjoy !
EXY PossibilitiesThe Euro is at a key level and a .618 fib. If we have a close above 113/114 for the month of December, I'll be leaning towards Bullish momentum for the beginning of 2019.
It has formed a weak falling wedge shape on the monthly, but a falling wedge none the less.
Analysis for this is pretty simple, majority of it can be explained on my chart.
Thanks
EUR Index VS USD Index Eur Index and Usd Index Chart Comparison Indicate Us some correction in EURUSD Pair. USD Index Near to fibo 78.6 area and EUR Index Near to 23.6 area. So EURUSD Might Have Some Upward corection to 1.1500 or 1.1720 area..
Eur Index Vs USD Index When EUR Index Drop USD Index Rise. It has a good Good Inpact on EURUSD Pair.
strong long term on the euro!looks like i've stumbled across some decent levels to enter from here. and with bitcoin poised to recover i like my overall analysis that the USD will fall and most other currencies will perform well during this time.
Oil is the True Boss of the market To illustrate today's analysis, I propose a model of statistical discrepancy on currencies, in order to justify who is the real leader of the financial markets, which seem to accuse a global pre-slowdown of the financial markets. So I gathered a basket of generally aggressive currencies to which I oppose them to a basket of defensive currencies; After algebraic manipulation, we find curiously (EXY + CXY + BXY)-(SXY + JXY). Initially, in both sides of the equations we found the U.S. dollars, Australian dollars, and New Zealand dollars since I assumed that these three currencies had the ability to play the role of risky assets and also assets Secure.
However, after algebraic manipulation, it is noted that the currencies symbolized by this equation (EXY + CXY + BXY) are other than the reflection of oil in terms of currency, either (Brent + crude oil or WTI). Also, we are aware that oil is intimately linked to Treasury bills and bonds, and their link is called inflation, where oil is the vector-director. What would, therefore, mean, in a hypothetical-deductible way, that statistically, empirically, and historically, the debacle of financial markets begin very often by a sharp fall in oil, which will then be transposed into the bond market, And finally going to happen on all the financial markets. That says currencies, says inflation, and therefore say obligation or bonds.
Looking at this graph, we are therefore on phases of uncertainty in the market to the point where pairs like the NZD are sought and also the oil is under pressure despite a weakening dollars. Both being inversely connected to the base. As long as we find ourselves below the levels marked yellow on the graph (143 and 136), this will mean that we won't be immune to another unscrewing, and oil, and markets indices and bonds. And so some major currency pairs defensive can enjoy like the Swiss franc or the Yen.
Finally, I should like to mention that, although oil is the market leader, it is not still the only one because the rates of bond yields also conditioning the financial markets. But what remains interesting in the context of this study and macroeconomic observation is that the rates of bond yields, and oil, and also the progression or growth of the indices, in particular, all militate for a common factor that Is inflation. And if Oil does not progress, then inflation will not follow, the major indices will not progress, and the bonds will not be contracted in order to stimulate the economy through spending, consumption and borrowing; There will, therefore, be a major general downturn in all financial markets in view of such a pace.
EXY Short (Euro Currency Index)Alright guys, If you have noticed price amongst all EURO pairs they are all near resistance levels (price action) indicating a few drops amongst the pairs, but not all of them. I decided to look at the EXY, which is an index of the EURO currency to decide the next major EURO move. Im going to trade EURUSD in accordance to what I am seeing with the EXY. EURUSD Im waiting for a red 4H pip to SHORT. If the EXY also shows a red pip in any time frame, we may see a strong move down for all EUR pairs! Its going to be an exciting sunday yall!!!
EURO About to pop?German gas prices has risen to the highest level since 2014 despite oil 1.80% prices collapsing. This is indicative of inflation?
The ECB has yet to raise rates and the longer the wait the more extreme the inevitable rate hike could be. This could make the EURO 0.02% explode in value as people buy it up to pay back debt and what not. Who knows.
