This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react. Click all charts.
12/08/2014
EURO week day and 2 hr 09:50. The Euro is in a clear long term down trend. Why it takes so long to break the last support line is because ECB is intervening very often. The weekly trend says it all. Sooner or later the S will break. 1.3400 is a very strong support and to break and hold that S is very difficult. But I cannot see any signs of relief or trend change to upside so far.
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