EUR/USD Technical Update – Week Of 31st December

• • Dec 30, 2012 11:33am
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  • pip_trader

    635 posts

  • This article is based highly on subjective technical analysis. The article does not indicate whether Euro FX futures were cut and totally replaced by net longs. Just the cut does not indicate direction as they can become net short after certain news break or what have you.
    
    The S&P was in a bull trend until the 29 pt. freaking drop Friday. Too much speculation, not much substance. This article is based highly on subjective technical analysis. The article does not indicate whether Euro FX futures were cut and totally replaced by net longs. Just the cut does not indicate direction as they can become net short after certain news break or what have you. The S&P was in a bull trend until the 29 pt. freaking drop Friday. Too much speculation, not much substance.
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