Algokid

Euro vs. USD - A second look

BATS:FXE   CURRENCYSHARES EURO TRUST
471 7 2
Early this week , the euro             and usd broke their resistance ( euro             ) and support( usd). But when long term resistance and support lines are added to the charts, we can see that long term, the euro             may continue to go down. Additionally, the Fib lines "confirm" point of support and resistance in both currency. Was the ECB and U.S FED actions this week enough ? time will tell. Comments , opinion are very welcome.
www.passivestor.com
Algokid PRO
4 years ago
the Fibonacci levels have been respected by both currencies. Whether this is a pull back or something more significant, remains to be seen.
Reply
Algokid PRO
3 years ago
U.S dollar is bouncing off it's support. Gold and Silver are down
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out