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Showing posts from September 1, 2024

The Dollar and the US presidential election in November

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  πŸ‘½ Here is the scenario, the euro and the dollar are positioning themselves in case of  a surprise winner in the USA πŸ‡ΊπŸ‡Έ election, and traders are paying close attention to what’s happening, eur/usd seems to find a sweet spot at 1.11- 1.12 and in case Kamala Harris win the election , we could see the euro strengthening and goes from 1.12 to 1.24 in case of a surprise win by the Democrat candidate and in case of a surprise win by Trump, we could see the dollar strengthening and euro fall to parity, i said it right parity and you can mark my words on that.  πŸ† For the Moment, here is a quick in and out trade  Taking a sell trade at 1.12000 for a buy target at 1.10950

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