WolfHB

Euro's attack on long term resistance should falter

CME:MF1!   None
30 0 0
East European money gives Euro             undeserved push. Especially Americans overstate the economic situation of Europe (outside Germany). If the Fed continues tapering next week, a dose of reality should set in. The ECB holds it's powder dry for now, but the next step has to be easing. Additionally the Chinese are steering more of their surplus capital towards Europe, to make German exports less competitive. Even the chart runs ahead of itself. At least a pullback to the trendline is in the cards.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out