Powell already said that they will keep hiking until we see three times 0.2% MoM inflation rates. If you can forecast inflation you are better than the FED…

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Rather because of the long term chart I shared, showing an downward channel with a fake breakout to the upside, which should now be followed by a break to the downside to 0.95 or below. From a fundamental perspective I just ask you - who wants to be ...

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The flush will come right away, max retest of 1.025-1.03 imho.

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Another bull attack looming. Generally a retest to 1.0255 is possibe. This would be a touch of the big rising wedge from below. Might fade earlier though.

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Yes, now an intraday falling Wedge is forming

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Of course there will likely be some teasing with parity to allure some more longs. But eventually it will likely go below 1 big time.

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Last time parity held, now tons of stops sit below parity… Think it go way below parity this time. 95 cents or so.

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My post from Aug 4 vs. now. This scenario could play out extremely bearish if we reenter the channel as anticipated.

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It's this scenario, now short!

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I think it will spike above 1.03 before selling off, might even come close to 1.04.

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Your educated guess just missed by 2 pips, nice one!

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In case the wedge breaks to the downside before completing the channel I would still expect the channel to be completed, but then in form of a retest from below the wedge.

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Little different picture from FXSSI.com - forexfactory stands out with being short, might just be early birds.

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My humble opinion.

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No prob, sorry for being ambiguous, for my understanding bartering is an exchange of goods instead of exchanging money for a good, like in ancient times..

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I liked your joke, maybe my ironie was not well conveyed. Just meant your scenario ist not that unrealistic, meaning we will end up bartering instead of paying fiat money, so we could switch to barter right away..

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Let's go back to bartering.

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*villeroy: Too-weak euro would go against ecb inflation target

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These price levels are utterly sad for the eurozone people. If EURUSD goes below parity I will personally organize demonstrations in front of the ECBs entrance in order to get some rate action.. But nearing this threshold I assume we will ...

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What a move, looks unreal. Poor euro citizens...

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