Eur/usd short term market content prediction

Discussion in 'Journals' started by zzz123, Dec 31, 2022.

  1. zzz123

    zzz123

    Good thinking sir, to some degree, I agree with your fundamental analysis, but every time I pay special attention to these, I get burned badly, I feel like you leave a very important part of your analysis out
    Eur/usd, to a large degree, is a speculation market, with fundamental play as a baseline, the rest up to the market psycho, if you put that into context, I feel eur will go much low, maybe lower than your imagination, like the dip in oil, who can imagine that would happen
    Of course, fundamental play a very important role, but all the event you mentioned is just not big enough, for example, the fed drop rate to zero, and the euro can print dollars, it is kind of hard, but if the eur declare united with Russia as one country that should work
     
    #21     Jan 8, 2023
  2. Yomi0o0

    Yomi0o0

    The
    Drop in the price of oil was due to decreasing demand and exacerbating high prices globally, so pretty much everyone knew about that.
    Raising rates isn't really an event let's say compared to meetings or speeches and rate hikes are still ongoing. It being not big enough would not be the reason for it not affecting the eurusd spot price but probably all future hikes have been priced in.

    It's definitely not something to overlook
     
    #22     Jan 8, 2023
  3. Yomi0o0

    Yomi0o0

    Do you use fundamentals
     
    #23     Jan 8, 2023
  4. zzz123

    zzz123

    But the drop in oil is so low, i suspect the fundamentals can support that, but i might be wrong as always, i will change my view if that is the case.
     
    #24     Jan 8, 2023
  5. Yomi0o0

    Yomi0o0

    Would love to trade with you if that wouldn't be an issue.
    I have a server where analysis are done on assets
     
    #25     Jan 8, 2023
  6. zzz123

    zzz123

    Please follow my post here for another one or two months, I only post here for about two weeks, and made some predictions, I would like to follow through, and see how predictions lead to.
    As for eur, I would suggest staying on the sideline for a while, if you are a eur bull you will not miss a lot.
     
    #26     Jan 8, 2023
    expiated likes this.
  7. Yomi0o0

    Yomi0o0

    Would you like to join my discord server.
    There are a lot of posts that could better analysis
     
    #27     Jan 8, 2023
  8. zzz123

    zzz123

    Not now, but thanks.
     
    #28     Jan 8, 2023
  9. Yomi0o0

    Yomi0o0

    No problem
     
    #29     Jan 8, 2023
  10. Yomi0o0

    Yomi0o0


    The EUR index have been having problems going over the 200ema for over 4 weeks now
    upload_2023-1-8_16-35-56.png
     
    #30     Jan 8, 2023