Captain_Walker

Stalking EURUSD - weekly is most important.

FX:EURUSD   Euro / U.S. Dollar
The Euro took a beating over the last several days but the game is not over! This is just hotting up. I refer to some key areas for possible reversal on the lower time frames.

EURUSD is a ratio of two currencies. It is important to look at the USD, which on the world stage has actually been weakening. In the video of the weekly chart I look at the strength of the USD on the DXY .

Overall on the larger time frames (weekly and monthly), the EURUSD is bullish . A clear trend change can be seen.

See also Dollar Basket.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments

Interesting analysis, enjoyed that, many thanks Captain
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