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EURUSD, Risk Trends Offer Topping Pattern But Reversal Requires a Push
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EURUSD, Risk Trends Offer Topping Pattern But Reversal Requires a Push
The technical setups on the S&P 500, EURUSD, AUDUSD and countless other assets that are sensitive to risk appetite trends are threatening an imminent reversal. However, without a fundamental catalyst to set off fear and unify the masses; weak participation could leave the market to meander. And, so far, earnings, bank downgrades and the spread of financial uncertainty have not been able to rouse the necessary level of panic to encourage classical patterns to play out nicely. What will give?
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Category
News and Politics -
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Release Date
Oct 13, 2011
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Runtime
16:34