Crude Eur usd forex crunch euro Price Bulls’ Wishes vs. Here Is Next Week’s News In Advance — How Will You Trade It? What is More Reliable than the Andrews Pitchfork?
Don’t Lose Focus – Free Silver! Did the Crypto Market Just Bottom? Prepared For The Next Leg In The US Stock Markets? In a stunning display of cryptocurrency’s potential to liberate humanity, Zimbabwe just lifted its ban on the digital money after its own Reserve Bank failed to appear in court to defend themselves. The Euro has been going down recently.
The EURUSD is already down 6 weeks in a row. If it closes lower this Friday than it did last Friday, the EURUSD will be down 7 weeks on a row. One can easily see the correlation. Maybe GBTC leads the Dow in direction. If so, GBTC is going lower while the last Federal Reserve instigated rally only turned ugly today with a near 400-point selloff.
The Fed is in charge of that. Forget Elliot Wave or fundamentals or anything else. That stuff only applies to real market behavior. Technical patterns only matter because the Fed manipulates them to keep us playing along. Fundamental analysts are all scratching their heads these days! All the while EURUSD and GBPUSD are accelerating lower also. So the USD is both weakening and strengthening at the same time!