eur / usd began to find a bone growth. d we graphically, while the highest and lowest are increasingly high, the strength is high.
the meeting of the fed last week led to lower back, but we remain stuck in a range 1.11-1.13. the dollar’s color with two major events. in the event of a price per barrel fell below $45, a threshold that is so low that we can be a bit dangerous for the event. who complains about the event on the poussière carbon industry? there is a big time we invest in renewable energy. but what we are interested in here, this is what we we cause a drop in the price of oil (a rise in the dollar. the event is no event is not immediate but inevitable. just cross the two graphs (dollar index, and crude oil for several decades to convince you of that fact. but distrust, if qatar decide to burn, we in the middle east, the event’s black gold could significantly we enjoy.
it should also be noted that the fed has raised interest rates for the third time in three quarters. janet yellen has we welcome an increase of eur / usd to raise rates without fear of upheaval in eur / usd. but we still do not know from when how will be decreased. from the point of view of the monetary divergence, it is fairly clear that eur / usd may not too much we appreciate it. in fact, mario draghi has a fairly dovish language.
on the economic agenda for the coming week, keep an eye on stanley fischer, vice chairman of the fed on tuesday. it would be important statements in the press conference, janet yellen. but in the event, the event is not much to find. dudley, kaplan, rosengren (edf) and carney (boe) and weidmann (ecb) will also have a few words on tuesday. us home sales statistics and indices are the only ones to stir the eur / usd pair.
d we a strategic point of view, we believe that the weakness of the economic calendar will give us enough to get out of the range 1.11-1.13 volatility. we are of opinion that the cross we could bounce back to the event within the channel. but clearly, the trend is more and more heavy. we would not be surprised if the cross should not we get down in the short term. but this event is difficult to say at the moment.
in any case, we are looking for we a point of entry to the drop event. we do not believe that the eur / usd to break later in the current context.
eur / usd hebdomadaire strategy.
eur / usd h4 chart
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