EUR/USD Fake Out

The Euro faked to the downside yesterday and is now quite bullish again:

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  • NathanTucci

    Hey Tim, thanks! I appreciate the comment… Yeah, I am not a futures guy, but I’d guess there is some pretty interesting results across the board with the way the USD has been supported lately.

  • NathanTucci

    Hey Paul, yeah the USD is an interesting one certainly. I am not extremely confident on my opinion of it, but I would guess that its strength is not quite done being inflated here.

    Would not surprise me if we got a little more in the “clouds” before an inevitable crash of the US dollar.

    The weekly charts are interesting, so I am looking forward to discussing them and getting some feedback 🙂

  • Paul

    Thank you for the Daily Analysis, Nathan

    I’m not sure if we are going to see a little bit more USD weakness, ‘correcting’ the large moves earlier in the week, or if we are going to consolidate for the rest of the week and continue moving with renewed USD (relative) strength next week

    Perhaps the weekly charts will offer some clues? Thanks again, great stuff as always

  • Tim

    Hi Nathan
    tks, Love your work
    Something interesting with all the recent vol, would be looking at DX futures contract or any other USD compilation contract