EXY BUY PROJECTIONEuro is expected to be bullish for the last week of June...
Pairs like EURJPY, EURCHF, EURAUD ABD EURUSD likely to BUY
Trade with caution...
About Euro Currency Index
The Euro Currency Index (EXY) shows the strength of the euro against a basket of other major currencies. It’s one of the most widely used currency indices that helps determine whether the European currency is doing well. Ups and downs of the EXY often might be connected with the decisions of the European Central Bank policy. Also, the euro index usually moves inversely proportional to the US dollar index, so traders can take this into account when doing research.
Rate-cut discussions are prematureThe ECB left its monetary policy unchanged, in line with expectations. The information available since the December meeting has largely confirmed the central bank’s assessment of the medium-term inflation outlook, leaving the Governing Council (GC) in a wait-and-see mode. ECB President Lagarde confi
EXY - Struggling markets forces it to be in a volatile range IMOWe can see EXY being expensive, with some semi important support levels while DXY on it's own has been trading in a Discount, with important support levels too. This EXY year long range brings our attention to the fact that it could break in any direction even though it coul reject the highs a 2nd -
EURO INDEX SHORTWe make LL or (CROWN pattern) + trend line brake. so i am waiting the retracemet and then enter shorts on EURO pairs.
EXY - ANALYSISFrom the technical viewpoint, we see a breakout and retest of the zone at 108.50.
The retest is exactly at 50% fibo level.
Fundamentally, there are news expected this week from German inflation and the ECB President's speech. All these are expected to be positive from our analysis which means we exp
EXY is in troubleEXY can be reverse from this point as we can see a double top formation has been completed as well as RSI divergence is also there
EXY Crab Rise Up MoreIn this idea, the trend of the Euro index in June is shown.
the detail is shown in the above Idea.
I made this Idea based on wedge Analysis and Harmonic pattern using Fibonacci tools.
it is Possible that Exy Rise Up to Reach Golden Level.
Bearish Flag on 1 Day TF EXY - AnalysisAnalysis:
EXY, representing a particular asset or market index, seems to be forming a pattern that suggests a potential bearish flag. Let's take a closer look at this analysis:
Bearish Flag Pattern: Think of a flag on a pole, but this time, the flagpole represents a strong downward movement in the
EUR index: Head and Shoulder patternHello Trader,
Follow EXY ~ EUR index to trade some pair of eur effectively
I see a nice pattern with EXY in h4 timeframe
For easy understand, you can see a breakout + retest here
-> So, it will continue bump
Manage your capital correctly and carefull,
Goodluck to you!
$EXY FORECAST LOOKIN ZEXYStronger euro forecast what this means for the market
my corellating dxy post also hitting a reversal level
this confirmation acts as an indicator to a bottoming out market
but the fed speaks 2 day which is crazy cause thats when theres turning points in the market
Higher everything at this poi
See all ideas
Frequently Asked Questions
The current value ofEuro Currency Indexis111.04USD— it has fallen by−0.41% in the past 24 hours. Track the index more closely on theEuro Currency Indexchart.
Euro Currency Indexreached its highest quote onApr 22, 2008—160.20USD.See more data on theEuro Currency Indexchart.
The lowest ever quote ofEuro Currency Indexis95.59USD.It was reached onSep 28, 2022.See more data on theEuro Currency Indexchart.
Euro Currency Indexvalue has increased by0.83% in the past week, since last month it has shown a2.28% increase, and over the year it's increased by2.71%. Keep track of all changes on theEuro Currency Indexchart.
Euro Currency Indexis just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buyEuro Currency Indexfutures or funds or invest in its components.