Market is in complete Risk-Off now (due to Spain) which sends all the USD pairs down.
EurAnalysis Kindergarten 24 replies
DislikedMarket is in complete Risk-Off now (due to Spain) which sends all the USD pairs down.
Dislikedthanks a million, buddy. Truly appreciate it.
Now, since you really are a nice guy i'm gonna ask for your explanation about the re-test of previous supports/resistances. Namely, am i correct in assuming that you expect most of the untested areas to be tested some time in the future (an example of untested area at 1.2650 on E/U) ?
Is there any specific timeframe you where you get more reliable re-test or you pretty much expect this even on a 5min chart as well ?
Also, i attached a G/U chart with S/R levels, all of which were left untested....Ignored
DislikedE/U still holding strong @ 1.2900.
Other USD pairs are still going down.Ignored
DislikedWhy can't Canadian just stick with 50Ignored
we do not disagree, I very strongly believe that a sound society is based upon individual achievement with willing participants.
Spain appears to be at the next stage where stresses have built to the point where there is no resolution without a default occuring. How the default gets structured impacts the future existence of the Euro.
When people hunger and have no hope then that is the point of mass civil disobedience. Governments fall and new directions occur. It is plain to see that Spain has not prospered under the Euro and that...Ignored
DislikedThe List Of Reasons For The Risk Aversion Earlier
By Adam Button || September 25, 2012 at 21:49 GMT
- Violent protests in Spain
- The belief Spain won’t ask for aid until ‘the water is up to its neck’
- Apprehension ahead of Spain’s budget on Thursday