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Financial Market (EUR/USD forecast )

Keep it up Trump! Do the real business, contiue to talk less. Up the Usd!

HVRRVH      ( Date: 25-Feb-2017 20:07) Posted: This one share forum leh. Not fx. Anyway, so bullish or not? Your point is not clear. Personally I am shorting Euro all the way since 2 months back. Shorting JPY too. My time horizon is 1 year so left with 10 months. I think Fed is going to hike rate and Euro is facing great uncertainty with upcoming various elections and increasinlgy popular populist movements. Once Usd strengthen, JPY will automatically weaken. For Usd to stengthen, Trump needs to keep his mouth and twitter shurt and do some real works. Just implement the fiscal stimulus policies and spend on infrastructure projects and don' t interfere with Fed for goodness sake.  Anajackson      ( Date: 25-Feb-2017 17:17) Posted: HELLO TRADERS, The EUR/USD pair fell during the week, but found the 1.05 level to be supportive enough to turn things around and form a hammer. The hammer of course is a very bullish sign and I believe that we could bounce from here because of the hammer that we had formed during the previous week. However, the short-term chart looks very negative, so I think the take away from here is that is going to be very choppy but probably struggle to break down below the 1.05 level anytime soon.

 

This one share forum leh. Not fx. Anyway, so bullish or not? Your point is not clear. Personally I am shorting Euro all the way since 2 months back. Shorting JPY too. My time horizon is 1 year so left with 10 months. I think Fed is going to hike rate and Euro is facing great uncertainty with upcoming various elections and increasinlgy popular populist movements. Once Usd strengthen, JPY will automatically weaken. For Usd to stengthen, Trump needs to keep his mouth and twitter shurt and do some real works. Just implement the fiscal stimulus policies and spend on infrastructure projects and don' t interfere with Fed for goodness sake. 

Anajackson      ( Date: 25-Feb-2017 17:17) Posted: HELLO TRADERS, The EUR/USD pair fell during the week, but found the 1.05 level to be supportive enough to turn things around and form a hammer. The hammer of course is a very bullish sign and I believe that we could bounce from here because of the hammer that we had formed during the previous week. However, the short-term chart looks very negative, so I think the take away from here is that is going to be very choppy but probably struggle to break down below the 1.05 level anytime soon.

 

HELLO TRADERS,

The EUR/USD pair fell during the week, but found the 1.05 level to be supportive enough to turn things around and form a hammer. The hammer of course is a very bullish sign and I believe that we could bounce from here because of the hammer that we had formed during the previous week. However, the short-term chart looks very negative, so I think the take away from here is that is going to be very choppy but probably struggle to break down below the 1.05 level anytime soon.