I was on CNBC Asia this evening talking about the valuation of the EUR/USD. Enjoy:
- Don’t be Fooled by the Pullback in the Dollar Because…. - November 14, 2018
- Rise of the USD – How high can it go with - November 14, 2018
- VIDEO – Targets for GBP, USDJPY and EURO - October 5, 2016
- RBA Meeting Preview - October 3, 2016
- How to Trade the Dollar into the Presidential Debate - September 26, 2016
- Here’s How to Trade the Sept ECB Rate Decision - September 7, 2016
- Bank of Canada September Preview - September 6, 2016
- Will August Payrolls Disappoint the Dollar? - September 1, 2016
- Where is the Dollar Headed this Week? - August 29, 2016
- Will Aug NFPs Help or Hurt USD/JPY? - August 4, 2016
While all those too-big-to-be-wrong banks are forcasting EUR/USD to go parity (who cares they talked about EUR/USD going to 1.60 last October) and the mainstream media are awash with mega bearish vision of the markets and the Euro, the charts suggest we may be at a turning point. I am not forcasting anything but the indices and commodities are showing signs of an appetite for a move upwards. Who knows, maybe the Euro will appreciate as well.
Heard of a asian sovereign selling EURUSD at 1.2150.
EURUSD is overbought on the 4 hourly chart. We took the opportunity to sell EURUSD again.
Shorted EurUsd at 1.2107.
Chart: http://tradingeducationprogram.org/blog/
Dear Kathy,
We saw a sharp move up for the euro against the sterling after poor april data went out.
Is the pound overbought versus euro ?