Trading thoughts and ideas
Analysis of a wide range of stock, commodities and FOREX charts.
Specialized in gold and silver small-mid cap mining companies.
Market Scheming
- Market Scheming Blog has moved - Economic, Fundamental, and Technical Analysis - 3/13/2012
- S&P500 breaks out of triangle November 17th 2011 - 11/18/2011
- S&P500 In a Triangle - Options Expiration Week - Beware of Volitility - 11/14/2011
- Google Analytics | New Feature: Visitor Flow - 11/10/2011
- S&P500 Drops after LCH hikes Margins on Italy Bonds - 11/9/2011
Wednesday, November 2, 2011
EURUSD Short term Triangle - Technical Analysis - November 2, 2011 12:52 AM EST
I would not be surprised to see this triangle breakdown and make a run for short term lows. No news is bullish for the EURO, the deal that was reached last week to save the Eurozone has been tossed out the window with the Greek Referendum called. No one can expect a country that is being squeezed by an economic slowdown along withe riots and crippling strikes, will vote for more pain in the short run.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment