AlpacaBlack

EURUSD June 10 2020

AlpacaBlack Atualizado   
FX:EURUSD   Euro / Dólar Americano
Cheers!
Pls apply your own trading and mm rules in any case.
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Can market start seeking protection again? A point to think about.
Comentário:
Seems some kind of misunderstanding or manipulation take place.
Eurozone easing is a good sign for eur, while usd easing is a good sign for ... eur.
We have got the same monetary easing, no matter under what sauce, but both is good for eur and bad for usd, even if one is from ecb and other from fed. Very fundamental view. I suspect that eur overbought, but someone seems broke the button sell and now can press only buy one.
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As usually, whatever is sad is always sad for usd. Strange, but markets love to be irrational. Cheers! Wish u great trading ahead!
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Just a few hints for those who still thinking...
Fed makes no policy changes
Fed makes no yield curve control announcement
but someone wants you to sell usd further with no case story, even buy rumor sell fact not occur... do not believe those people, they just want to offload longs to you already.
Be carefull. I do not tell you sell in any case, but just think why those 2 artificial moves from 1.1240 and today from 1.1320 has occurs without any volume.
Cheers!
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Powell: We want investors to price in risk like markets should. Says Fed would never hold back support for economy because it thinks asset prices are too high. Popping asset bubble would hurt job-seekers.
- Frankly I do not understand anything what he wanna to say...
a. Tell us how market should price risk?
b. Who are this investors in particular?
c. Other 2 phrases do not touch reality, seems from outer space.

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