We wrote a post last week called “Setup In Place For Possible Euro Bottom”. Given this week’s epic continued collapse in the currency, it probably…
Tagged $FXE
Setup In Place For Possible Euro Bottom
One thing that I’ve learned over the years (sometimes the hard way) is to resist the urge to catch a falling knife. By that, of…
Deflationary Pressure Is Building
Today we take a rare foray out of the financial markets and into economic territory. With the race to debase currencies by central banks around…
European Stocks Set To Blast Higher?
The financial media tells us that the European economic situation is a mess. We agree. However, one lesson that is reinforced on a daily basis…
Euro at Key Support Now with Futures Dealers Near Record Long On August 12, we noted that the Euro, via the Exchange Traded Product, FXE,…
Updates & Accountability Check
It seems to be the case on financial social media — and perhaps media in general — that the half-life of a post, tweet, story,…
Euro approaching support with dealers holding substantial long positions
We take a step away from equities today to focus on the Euro currency. The Chart Of The Day that we posted earlier on Twitter…
Currency Spotlight: CurrencyShares Euro $FXE: At Multiple Support Level ~133.30-60
The CurrencyShares Euro $FXE is currently testing multiple layers of support at the 133.30-133.60 range. Support layers include: 23.6% Fibonacci Retracement of the 2012-14 Rally…
ChOTD-5/15/14 PIIGS:Euro Correlation – PIIGS Survive On Strong Euro
Many investors have been wondering a) how the Euro has remained so strong for the past few years and b) why the ECB has been…
ChOTD-2/6/14 CurrencyShares Euro Trust (FXE): Technical Levels that Matter
Originally posted on 2/6/14: stks.co/e0CNI