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optionfarmers

euro divergence in momentum on weeklys $fxe $e6 $uup

Euro / U.S. Dollar (OANDA:EURUSD)  
optionfarmers  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators euro SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) USD DXY macdivergence
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trendanalysis chartpattern indicator euro spx spy usd dxy macdivergence
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Bearish macd divergence in euro weekly chart. has been in uptrend almost of all of 2017, can it continue? In my opinion, I favor downside on a trade when macd signals that momentum of a trend is changing or diverging. Its not 100% but definitely better than 50% odd in a shift or pause, again in my opinion and past experiences. We shall soon see.
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