SHORTING EUR/USD
SHORTING EU!
Brief Technical Analysis:
- Bearish Flag forming on the H8/Daily TF
- Nice impulse to the downside breaking past 1.13000
- Retest of the round psychological number 1.13000
- 61.8 Fib level lines up with previous stated confluences
- 3rd touch of trendline on H1 timeframe
Brief Fundamental Analysis on the currency pair:
- ECB aren't looking to change monetary policy anytime soon
- Energy crisis in Europe growing concern
- Concerns over new Covid strain 'Omicron'
- The FED are looking to increase their tapering pace, raise interest rates as soon as early 2022
- US Dollar seen as a safe 'haven' for investors (risk-off market = bullish for the Dollar and bearish for the Euro)
Brief Technical Analysis:
- Bearish Flag forming on the H8/Daily TF
- Nice impulse to the downside breaking past 1.13000
- Retest of the round psychological number 1.13000
- 61.8 Fib level lines up with previous stated confluences
- 3rd touch of trendline on H1 timeframe
Brief Fundamental Analysis on the currency pair:
- ECB aren't looking to change monetary policy anytime soon
- Energy crisis in Europe growing concern
- Concerns over new Covid strain 'Omicron'
- The FED are looking to increase their tapering pace, raise interest rates as soon as early 2022
- US Dollar seen as a safe 'haven' for investors (risk-off market = bullish for the Dollar and bearish for the Euro)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.