Hello Traders,
I analysed this economy situation actually...
I analysed charts of EURUSD, of US10Y, of DE10Y, indicators and so on...
My conclusion : all these charts and indicators are useless because this current situation is based on political situation...
Remember what TRUMP had said when he was the president of US : "I want a weak Dollar"...
Well... many people, and me to, have not taken it seriously...
And yet...
Right now, we can say that US make a real DEVALUATION of their money...
That's all...
And it can still continue again and again...
An EURUSD around 1.60 ?
Why not !
Nevertheless, we are in a real battle of stock Exchange nowadays... it is very strong !
To conclude, i think that we can name the soaring EURUSD by a sweet but terrible expression in fact :
"AMERICA FIRST"
I will take an UP position when EURUSD will be at the 1.27 level.
Bye
Jeanne
I analysed this economy situation actually...
I analysed charts of EURUSD, of US10Y, of DE10Y, indicators and so on...
My conclusion : all these charts and indicators are useless because this current situation is based on political situation...
Remember what TRUMP had said when he was the president of US : "I want a weak Dollar"...
Well... many people, and me to, have not taken it seriously...
And yet...
Right now, we can say that US make a real DEVALUATION of their money...
That's all...
And it can still continue again and again...
An EURUSD around 1.60 ?
Why not !
Nevertheless, we are in a real battle of stock Exchange nowadays... it is very strong !
To conclude, i think that we can name the soaring EURUSD by a sweet but terrible expression in fact :
"AMERICA FIRST"
I will take an UP position when EURUSD will be at the 1.27 level.
Bye
Jeanne