The euro currency is approaching a seasonal period that deserves the attention of both investors and active market participants. The optimal window lasts approximately 75 calendar days, providing enough time for longer-term traders to establish a bearish position while also allowing shorter-term traders to sell into and out of positions when the euro technical setups develop.
Seasonal patterns are not, by themselves, trade signals. They identify periods when a market has historically tended to move in a particular direction. The current fundamental environment, however, may support the euro's impending bearish pattern.
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Seasonal patterns are not, by themselves, trade signals. They identify periods when a market has historically tended to move in a particular direction. The current fundamental environment, however, may support the euro's impending bearish pattern.
Why This Week Looks to Be Fun
Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, **** ysis, and headlines.
#move #looks
2 months ago
