is EURUSD ready for a long term swing ?

Institutional investors are reducing their SHORT positions
Professional investors are already LONG and are increasing their positions.

market sentiment is positive and increasing

In my opinion it’s time for an important swing that will see the price of the cross EUR/USD rise

What do you think?

 

They are two garbage currencies racing to the bottom. Perhaps you are right.

 

In a situation where they are paired, as the Op asked, they "both can't race to the bottom" simultaneously.

+ + +

As to the question - U.S. dollar often makes trend changes near end of current year or start of the next. My guess EURUSD moves higher but not dramatically so. GBPUSD and EURGBP already has a good start of the Euro itself and likely will continue to outperform it.

 

They can race to the bottom by losing purchasing power from inflation.

 

Rising US rates coupled with flat negative EUR rates make you bullish EUR?

 

So what exactly does that have to do with a potential trade of the pair?

And I am guessing, you have never traded currencies and maybe pairs trading in general?

 

If you trade the way you guess I will start a go fund for you when you are bankrupt.

 

So I'll take that as nothing and no to my questions.

 

Self delusion +poor guessing nearly always results in a bad ending.

 

Confirmed.