Although there is an anticipation for potential downgrades I wonder how demand will hold up before the news release.
More correlation with SP500 today.
..
More correlation with SP500 today.
..
EurAnalysis Kindergarten 24 replies
Dislikedanyone eyeing 1.25?
it's gotta be the mother of all trendlines...
another hour for the 4H to close for me ugh!Ignored
Dislikedknoholygrail,
Hello my friend. You are actually right. Another good post. The 1.2200 is not out of the question over the coming months & the fall has just resumed for what I see now. Thanks for your always inspiring & informatiove post.
Have a great weekend.
____________________________Ignored
DislikedWell it looks like we didn't manage to make it to the 1.29xx area to test the falling channel UTL resistance. Oh well, at least the 2 lower positions were triggered.
We are looking a tad oversold at the moment but this drop seems to still have lots of umph behind it. Being a Friday, I say we will probably make new lows by European closing bell. Time will tell. Regardless I'm in the green hard
H1 chart below
AttachmentIgnored
Dislikedoh definitely not today. That's a monthly chart and I reckon within 2 weeks.
I'm not closing my shorts till then. maybe one...
also the Dixie is making an expanding triangle on the 4H so I'm anticipating some kind of reverse but you're right never todayIgnored
DislikedAlthough there is an anticipation for potential downgrades I wonder how demand will hold up before the news release.
More correlation with SP500 today.
..Ignored
Dislikedwhy the euro go down?
And what is, that Standard /poors speaks, the euro go faster down?Ignored
DislikedStandard and Poors is releasing their report of sovereign downgrades later today. This means that France may lose their AAA credit rating. If they do, then it could go down one notch to AA+ or even worse, 2 notches to AAIgnored
DislikedCBNC just announced that according to reuters.com, France has been downgraded.
I will follow up with more details as I learn them.Ignored
DislikedBREAKING NEWS: France TV channels say France rating downgraded by S&P, citing government sourceIgnored