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themarketzone
16 de Jul de 2015 07:52

Reaching 61.8 Fib with major daily resistance zone 

DAX index of German listed sharesFXCM

Descrição

EURUSD continues to fall but the DAX is climbing towards the 61.8 Fib
Which one of these underlines is hinting about the future direction of the Euro Zone markets?

Is it the Euro that despite the Greek deal and the successful vote on Greek parliament still isn't satisfied? Or is it that DAX that is rallying towards the ECB press conference and towards the German vote tomorrow?

One thing is certain - There's a huge problem with correlation here which is probably another result of the latest currency wars.
Comentários
UnknownUnicorn121770
BTD entry was around 200MA (10750ish for me). Now it's just sit and hold, shrinking position along the way, selling some to weaker hands in August while making new ATH's. Good stuff.
UnknownUnicorn121770
100MA*
UnknownUnicorn121770
Wait, ignore that.
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