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U.S. DOLLAR / ARGENTINE PESO

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USDARS trade ideas

USDARS: Might be about to trend up sharply...As everyone has been saying, $USDARS will likely get close to the $50 mark, a 2W timeframe Time@Mode signal kicked off, and it's already active for 2 bars, out of 10 that are forecasted as part of the uptrend. This rally has 3 possible targets which are laid out on chart, valid for as long as the time lasts, or as long as $USDARS trades above the 37 mark. I wouldn't reccomend to hold ARS for long if you have income in pesos. Best of luck, Ivan Labrie.
Long
by IvanLabrie
6
Argentina PesoARS should go up against its peers only due to electionary effect (till October). Why? due to a tight monetary policy which Sandleris is taking into effect. Bear in mind that he enter office in late Septmber 2018 and Just look at the effects to Monetarist theory applied to excess of monetary base produces by Keynesian economic thought. Scenario of ARS above 55 and so on are lunatic if a non-right goverment wins. Under a political analysis Macri's gvt wouldn't a center gvt but rather a center-left.The only positive thing about Macri's is Central's Bank Montary tight policy. tgt: 42.2 for sure tgt worst case scenario: 47 Bear in mind that a supre cycle can help EM's until FED dcides to start moving up again with a tighter montary policy via quantitative tightening and intrest rate hikes. trade safe,
Short
by showerreport
USDARS: Fellow Argentinians, sadly the dollar rally continues...The target here is big, but it could go even higher depending on how it acts. I'd reccomend to divest positions in local equities and bonds, and get exposure to US equities and the dollar, or pairs like the dollar/yen. After this next top, we could see a bigger correction in the dollar accross the board though, so I want to be ready to capture the reversal, in particular by going long gold once we have full confirmation, which may come by September. Best of luck to us all, Ivan Labrie.
Long
by IvanLabrie
2