EURAUD Lower
Cập nhật
I'm trying EURAUD lower here.
technicals show a double top previously.
narrative is moving more towards EURAUD lower, china is reopening slowly which should benefit AUD. EU energy prices were rising again last week and HICP fell as well which could mean more dovish ECB, these two being big drivers of EUR strength recently.
correlations suggest lower, VIX is lower, risk sentiment is good, china stocks rising, commodities are rising as well.
sentiment and positioning is extremely high.
Not trading/investment advise, feedback welcome!
technicals show a double top previously.
narrative is moving more towards EURAUD lower, china is reopening slowly which should benefit AUD. EU energy prices were rising again last week and HICP fell as well which could mean more dovish ECB, these two being big drivers of EUR strength recently.
correlations suggest lower, VIX is lower, risk sentiment is good, china stocks rising, commodities are rising as well.
sentiment and positioning is extremely high.
Not trading/investment advise, feedback welcome!
Bình luận
moving stop to 1.5711, not sure why the EUR is strengthening today other than yields but i don't think it lastsThông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.