EUR 06 (Sep 12 - Dec 23)

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Reasons to Like the Euro Again

France's vote is the latest sign that the currency's future looks better than its past.

By Tyler Cowen

Source: Bloomberg

https://www.bloomberg.com/view/articles ... gn=markets

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EUR/USD: 1.09328 versus 1.08665.

Euro makes a big jump higher off the 20 day EMA test.

Still ready to continue the break higher.

Source: Investment House

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EUR/USD: 1.12077 versus 1.10985.

After a one-day pause Thursday, the euro rallied to a new recovery high, up 4 of 5 sessions on the week and extending the breakout after that mid-month test.

Source: Investment House

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EUR/USD: 1.12811 versus 1.12181.

Euro breaks to a higher high against the dollar, clearing the late May highs.

Source: Investment House

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EUR/USD: 1.11965 versus 1.11990.

Nice doji at the 20 day EMA as the euro maintains its uptrend.

Source: Investment House

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EUR/USD: 1.11968 versus 1.11466.

After a rough Thursday, the euro rebounded to hold the 20 day EMA and the trend Friday.

Source: Investment House

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EUR/USD: 1.14010 versus 1.14220.

Modest dollar recovery Friday, but euro made a strong move off a flag test Thursday.

Source: Investment House

[winston]

EUR/USD: 1.14010 versus 1.14220.

Modest dollar recovery Friday, but euro made a strong move off a flag test Thursday.

Source: Investment House

[winston]

The euro is about to rocket higher thanks to Germany

‘As speculation mounts around the ECB’s intentions, the euro should be setting its sights on a move to US$1.20 to US$1.25 in the coming months’

Thanks to the impact of cheap credit, nationwide Germany property prices have jumped 40 per cent since 2010, while for Germany’s major cities, the house price surge has been even higher at 60 per cent.

Relative interest rate perceptions are indeed giving much better substance to the euro’s rally against the dollar, rallying from US$1.04 at the start of the year with a sustained break of US$1.15 looking on the cards very soon.

As speculation mounts around the ECB’s intentions, the euro should be setting its sights on a move to US$1.20 to US$1.25 in the coming months.

Source: SCMP

http://www.scmp.com/business/global-eco ... ks-germany

[winston]

EUR/USD: 1.16640 versus 1.16271.

Euro broke sharply higher Thursday, continued the move Friday.

Source: Investment House