 |
| EUR/USD four-hour chart, source:FXDD.com |
cf. [EUR] Still Uncertainty 2019 0201
I think the difficulty of trading has came from the disagreement among fundamental analysis, economy news and technical analysis.
The global economy is expected being in economic slump and it does. And there are economic risk of no deal Brexit which is active March 29 and the possibility of Italian economy crisis. Federal Reserve System's chair Jerome Powell spoke Federal benchmark rate is in the neutral interest rate and it led the fall of greenback.
And Powell implied the benchmark rate would not be risen in this year at the press conference after FOMC meeting.
But the economy state in Europe doesn't show the trust to market participants yet. PPI in Europe released on Monday, dropped 0.8 percent which was worse than expected, and it made euro down. Brexit risk is not cleared yet.
Economy state around world doesn't show explicit signal and the chart of currency doesn't make the trend line in long term, yet.
If you have any inquiries, you can send text to e-mail or social network below.
e-mail - kmuk001@gmail.com
Telegram - @morgenluft
https://www.facebook.com/Gjallarhorn.report/
https://www.facebook.com/heimdallr999/
http://morgenluft.blogspot.com
Gjallarhorn, Heimdallr, EUR, euro, 걀라호른, 헤임달, 유로화
No comments:
Post a Comment