Where are the stock markets going now : EURO is now in a bear market technically. If 1.3400 is taken out and held the next main target is 1.2100. My first target on break down is 1.2960.

27/07/2014

EURO is now in a bear market technically. If 1.3400 is taken out and held the next main target is 1.2100. My first target on break down is 1.2960.

Daily. The 200 MA sideways now and down in a few days. The 50 MA has crossed the 200 on downside. Below the 50 MA the 21 MA has just turned down instead of crossing. The likelihood of a break of the low break down point is big. Fundamentally investors are turning to dollar by many reasons, one is Russia and Ukraine situation. Who want to hold German stocks in euro now?