Hello to all of our subscribers.
Please share your personal opinions in the comments. We kindly ask for your support through boosters and subscriptions.
The outlook for the timing of the Federal Reserve's interest rate cuts is gradually being pushed back, while there is a growing expectation that the European Central Bank's rate cuts may be faster than expected. As a result, the euro is experiencing a decline. To reverse this trend, it will be necessary to demonstrate that U.S. inflation is decelerating more quickly than expected by the Federal Reserve. Therefore, it is important to pay attention to whether this week's U.S. inflation indicators may show a reversal.
- February 13: Release of U.S. Consumer Price Index for January, forecasted at 3.4% from the previous month, expected at 2.9%.
- February 15: Speech by ECB President Lagarde.
- February 16: Release of Producer Price Index.
The euro is currently in the process of forming a downward trend after deviating from its upward trend and has already formed two peaks, completing the reference trend line. The current expectation is to form a complete selling trend by forming a bottom trend line. Short-term upward movement may occur after receiving support from the previous low, but ultimately it is expected to break through and descend. In the medium to long term, we expect a long-term rise after forming a low around the 1.03000 line.
Currently, two movements are anticipated:
First, after a short-term rise, confirming the peak again and then experiencing a medium to long-term decline.
Second, breaking through the previous low and continuing a short-term decline to reach a new low.
These two movements are likely, and ultimately a decline is expected. If there are movements contrary to expectations, we will analyze again and adjust our strategy accordingly.
Please share your personal opinions in the comments. We kindly ask for your support through boosters and subscriptions.
The outlook for the timing of the Federal Reserve's interest rate cuts is gradually being pushed back, while there is a growing expectation that the European Central Bank's rate cuts may be faster than expected. As a result, the euro is experiencing a decline. To reverse this trend, it will be necessary to demonstrate that U.S. inflation is decelerating more quickly than expected by the Federal Reserve. Therefore, it is important to pay attention to whether this week's U.S. inflation indicators may show a reversal.
- February 13: Release of U.S. Consumer Price Index for January, forecasted at 3.4% from the previous month, expected at 2.9%.
- February 15: Speech by ECB President Lagarde.
- February 16: Release of Producer Price Index.
The euro is currently in the process of forming a downward trend after deviating from its upward trend and has already formed two peaks, completing the reference trend line. The current expectation is to form a complete selling trend by forming a bottom trend line. Short-term upward movement may occur after receiving support from the previous low, but ultimately it is expected to break through and descend. In the medium to long term, we expect a long-term rise after forming a low around the 1.03000 line.
Currently, two movements are anticipated:
First, after a short-term rise, confirming the peak again and then experiencing a medium to long-term decline.
Second, breaking through the previous low and continuing a short-term decline to reach a new low.
These two movements are likely, and ultimately a decline is expected. If there are movements contrary to expectations, we will analyze again and adjust our strategy accordingly.