CurrencyShares Euro Trust

FXE-N

NYSEARCA:FXE

106.04
0.11 (0.10%)

Analysis and Opinions about FXE-N

Signal
Opinion
Expert
COMMENT
COMMENT
July 31, 2017

Chart shows a neckline formation. There is a rise in the euro this year as the US$ has been going down. The seasonal period for the US$ is towards the end of the year. Unless this is in the seasonal period, he is not going to do anything. Wait for it to break 3% above the neck line.

Show full opinionHide full opinion

Chart shows a neckline formation. There is a rise in the euro this year as the US$ has been going down. The seasonal period for the US$ is towards the end of the year. Unless this is in the seasonal period, he is not going to do anything. Wait for it to break 3% above the neck line.

BUY
BUY
December 16, 2016

An interesting time to buy. He follows this closely and watches how the market is trading. Over time, you probably do fairly well with the euro, especially if you have some long-term money. This might not be a bad idea.

Show full opinionHide full opinion

An interesting time to buy. He follows this closely and watches how the market is trading. Over time, you probably do fairly well with the euro, especially if you have some long-term money. This might not be a bad idea.

COMMENT
COMMENT
March 14, 2016

Currency and Currency ETF’s is something he follows very closely. Has used this in the past, but doesn’t have it at the moment because as long as quantitative easing is occurring and there is some question as to how negative rates will be, that is not really positive as far as their currency goes. Currency SH BR Pound Sterling (FXB-N) looks much more interesting.

Show full opinionHide full opinion

Currency and Currency ETF’s is something he follows very closely. Has used this in the past, but doesn’t have it at the moment because as long as quantitative easing is occurring and there is some question as to how negative rates will be, that is not really positive as far as their currency goes. Currency SH BR Pound Sterling (FXB-N) looks much more interesting.

TOP PICK
TOP PICK
March 10, 2016

(A Top Pick Feb 2/16. Down 2.04%.) He has been reducing his US$ exposure. One way to hedge a declining US$, is to have exposure to other currencies. This ETF is the euro currency. Chart shows a downtrend in 2014 and now it is basing. You can buy this within the base, but try to buy it close to the bottom of its channel, the low $100 area.

Show full opinionHide full opinion

(A Top Pick Feb 2/16. Down 2.04%.) He has been reducing his US$ exposure. One way to hedge a declining US$, is to have exposure to other currencies. This ETF is the euro currency. Chart shows a downtrend in 2014 and now it is basing. You can buy this within the base, but try to buy it close to the bottom of its channel, the low $100 area.

TOP PICK
TOP PICK
February 2, 2016

This tracks the euro versus the US$. Technically this is basing. He likes to see stuff that has had a fall and is now starting to form a base. That is usually the beginning of what could be a positive move. There is also a little bit of “fundamental” in this play as well. He has taken a half position to start. If the Fed becomes a little more dovish than they implied in late 2015, the US$ might just pull back a little bit. Meanwhile the euro might be a little bit on an upswing. Thinks the euro is an OK place as a safe haven, at least for the short term if this market continues to act erratically.

Show full opinionHide full opinion

This tracks the euro versus the US$. Technically this is basing. He likes to see stuff that has had a fall and is now starting to form a base. That is usually the beginning of what could be a positive move. There is also a little bit of “fundamental” in this play as well. He has taken a half position to start. If the Fed becomes a little more dovish than they implied in late 2015, the US$ might just pull back a little bit. Meanwhile the euro might be a little bit on an upswing. Thinks the euro is an OK place as a safe haven, at least for the short term if this market continues to act erratically.

PAST TOP PICK
PAST TOP PICK
July 30, 2013

(A Top Short July 19/12. Loss of 100%.)

Show full opinionHide full opinion

(A Top Short July 19/12. Loss of 100%.)

TOP PICK
TOP PICK
July 19, 2012
Top Short Thinks the euro currency is going to decline against the US dollar.
Show full opinionHide full opinion
Top Short Thinks the euro currency is going to decline against the US dollar.
COMMENT
COMMENT
May 18, 2012
US$ versus the euro? Chart shows there was a bit of a down trend from mid-2011. It seems to be finding support at around $126, so possibly there will be a bounce. It could be an interesting play to the upside.
Show full opinionHide full opinion
US$ versus the euro? Chart shows there was a bit of a down trend from mid-2011. It seems to be finding support at around $126, so possibly there will be a bounce. It could be an interesting play to the upside.
COMMENT
COMMENT
January 5, 2011
Currency Shares ETF. He is currently Short the Euro and Long the US$, which he feels is undervalued. Once the Euro goes down through $129 it should pick up some momentum with the next level at around $127 followed by $119. (See Top Picks.)
Show full opinionHide full opinion
Currency Shares ETF. He is currently Short the Euro and Long the US$, which he feels is undervalued. Once the Euro goes down through $129 it should pick up some momentum with the next level at around $127 followed by $119. (See Top Picks.)
COMMENT
COMMENT
September 22, 2009
Currency ETF. If you don't like gold and you are concerned about the weakness of the US$, then this is a good place to be.
Show full opinionHide full opinion
Currency ETF. If you don't like gold and you are concerned about the weakness of the US$, then this is a good place to be.
BUY
BUY
February 28, 2007
The European market is attractively valued at about 14 X earnings. Good growth prospects. Earnings growth rate is improving.
Show full opinionHide full opinion
The European market is attractively valued at about 14 X earnings. Good growth prospects. Earnings growth rate is improving.
Showing 1 to 11 of 11 entries
  • «
  • 1
  • »

CurrencyShares Euro Trust(FXE-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for CurrencyShares Euro Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

CurrencyShares Euro Trust(FXE-N) Frequently Asked Questions

What is CurrencyShares Euro Trust stock symbol?

CurrencyShares Euro Trust is a American stock, trading under the symbol FXE-N on the NYSE Arca (FXE). It is usually referred to as AMEX:FXE or FXE-N

Is CurrencyShares Euro Trust a buy or a sell?

In the last year, there was no coverage of CurrencyShares Euro Trust published on Stockchase.

Is CurrencyShares Euro Trust a good investment or a top pick?

CurrencyShares Euro Trust was recommended as a Top Pick by Brooke Thackray on 2017-07-31. Read the latest stock experts ratings for CurrencyShares Euro Trust.

Why is CurrencyShares Euro Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is CurrencyShares Euro Trust worth watching?

In the last year, there was no coverage of CurrencyShares Euro Trust published on Stockchase.

What is CurrencyShares Euro Trust stock price?

On 2020-07-02, CurrencyShares Euro Trust (FXE-N) stock closed at a price of $106.04.