FXE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: FXE's mean-reverting nature and low implied volatility create potential for upside. Positive indicators from the Eurozone could drive price recovery.




Bearish Case: Persistent historical underperformance, high put volume, and economic uncertainties in the Eurozone suggest downside risk for FXE.




Potential Outcomes:
  • 45% chance of sideways movement due to flat volatility structure.
  • 30% chance of moderate uptrend as Eurozone stabilizes.
  • 25% probability of downturn driven by macroeconomic shocks.




Trading Oracle: Sign Up to access trading oracle trade ideas.



January 22, 2025


Invesco CurrencyShares Euro Forecast

FXE        Invesco CurrencyShares Euro











Correlated Assets

Assets that tend to move strongly with FXE



UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.79)


TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (0.73)


IQV Forecast + Options Trading Strategies   IQV  IQVIA (0.72)


MPWR Forecast + Options Trading Strategies   MPWR  Monolithic Power System (0.72)


VOD Forecast + Options Trading Strategies   VOD  Vodafone (0.7)



Uncorrelated Assets

Assets with little price relationship to FXE



CNA Forecast + Options Trading Strategies   CNA  CNA Financial (0.0)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (0.01)


AFL Forecast + Options Trading Strategies   AFL  Aflac (0.01)


INTU Forecast + Options Trading Strategies   INTU  Intuit (0.01)


UA Forecast + Options Trading Strategies   UA  Under Armour (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against FXE



NEXT Forecast + Options Trading Strategies   NEXT  NextDecade (-0.63)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.63)


SCHW Forecast + Options Trading Strategies   SCHW  Charles Schwab (-0.65)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.67)


PLBY Forecast + Options Trading Strategies   PLBY  PLBY (-0.74)









Become a more profitable investor with AI optimized trading strategies






×

Chat with FXE


 Ask any question about FXE!