EUR/USD

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Re: EUR/USD

#1214
Don't be fooled by the FED's hawkish swagger. They need to keep the value of the US$ low to keep up with Chinah. I think until then, there will be lots of horizontal movements and not much trending.

Inflation is here to stay. We can expect commodities go up and the currencies of the countries that produce them.


Re: EUR/USD

#1217
Finally, a breakout! Also, there's a bullish hammer candlestick on the monthly time frame at 1.1200, so this move north may end up being pretty significant.

Re: EUR/USD

#1218
It's testing the resistance at 1.1480 and I think we may see some pullback before the move north continues.


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