ARTICLE SYNOPSIS...After a weak rally the last two months, the euro index broke flag support to signal a continuation of the larger downtrend.
ARTICLE SYNOPSIS...Even though the Euro Index has stabilized near key support, it has yet to forge a bullish reversal to trigger an advance.
ARTICLE SYNOPSIS...Despite a decline over the last few months, the Euro Index ($XEU) remains in a long-term uptrend and is trading in a potential reversal zone.
ARTICLE SYNOPSIS...Despite a decline over the last few months, the Euro Index ($XEU) remains in a long-term uptrend and is trading in a potential reversal zone.
ARTICLE SYNOPSIS...A Euro Index bounce could reflect the US Dollar Index and the major US indexes topping.
ARTICLE SYNOPSIS...After a strong rise the Euro Index has corrected to meaningful support.
ARTICLE SYNOPSIS...$XEU broke out of a flag & pennant pattern and pushed the rally to new highs.
ARTICLE SYNOPSIS...The battle between these currencies is obvious via the mirror image-like moves. They both showed a strong reversal pattern.