This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react.
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EURUSD month from 1971. And week. 27/11.2015
Month from 1971. Five waves on upside and on its third wave on downside. The big trend is euro down and dollar up. First R should be the the bottom channel line.
Fundamentally the euro seems dangerous now with the first decision from EU to scrap the Schengen agreement or not. If it is scrapped the whole Euro system comes in to question.