I swear I'll keep posting these every day until this gets the attention it deserves. These concepts are discussed in detail here. And yes, there are other confluence factors not outlined here. [...]
EUR/USD nails and hits the breaks on a 100% measured move of the final pullback low.
Deja vu. At first, all seemed rosy, with the pro-bail-out party (New Democracy) winning Greece's general election, and then the focus shifted once again on Italy and Spain, with bond yields [...]
A fundamental shift driven by U.S. data, political events in Europe, generalized LTRO aftermath as well as continuous bleeding of uncertainty regarding Spain has dropped support for the Euro, as [...]