In this analysis, Euro make gains as U.S. Dollar is in sell-off from the bad speculate news that appear in the past week on Saturday that Donald Trump tested positive for the covid-19.
Right now, the Euro is formed a bearsish channel, now, investor are waiting the Donald results for the covid-19 and the market are anxious to know it healthly´s data.
We formed an ascendenttriangle that is an accumulation pattern that investor are interesting to continue buoy Euro.
Fundamental Keys:
1. Dollar treads water as markets await news on Trump's health.
2. The dollar held tight range agains its peers on Monday as investors its peers on Monday and awaiting with clarity on the healdth of the president after he tested positive for the coronavirus, sending markets into safe-haven assets.
3. Dollar down, investors seek updates on Trump's health
4. Dollar weaknes as risk sentiment rieses with Trump's recovery
So, in general, we could see this week a sell-off, in any cases, Euro could to continue up if we have a retreat on the Trump's health results or the covid-19.
Good luck in this trade and we're long to buy Euro!!!
Right now, the Euro is formed a bearsish channel, now, investor are waiting the Donald results for the covid-19 and the market are anxious to know it healthly´s data.
We formed an ascendenttriangle that is an accumulation pattern that investor are interesting to continue buoy Euro.
Fundamental Keys:
1. Dollar treads water as markets await news on Trump's health.
2. The dollar held tight range agains its peers on Monday as investors its peers on Monday and awaiting with clarity on the healdth of the president after he tested positive for the coronavirus, sending markets into safe-haven assets.
3. Dollar down, investors seek updates on Trump's health
4. Dollar weaknes as risk sentiment rieses with Trump's recovery
So, in general, we could see this week a sell-off, in any cases, Euro could to continue up if we have a retreat on the Trump's health results or the covid-19.
Good luck in this trade and we're long to buy Euro!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.