{"id":1207,"date":"2019-09-11T22:50:00","date_gmt":"2019-09-11T21:50:00","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1207"},"modified":"2019-09-12T08:30:38","modified_gmt":"2019-09-12T07:30:38","slug":"eurusd-for-12-09-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/11\/eurusd-for-12-09-2019\/","title":{"rendered":"EURUSD for 12\/09\/2019"},"content":{"rendered":"\n

#DOW #SP500 <\/strong>Given events in the ‘Scottish Law v English Law, Boris v Parliament and UK v Europe’ shambles, it is probably safer to look outside the UK for signs of sanity. We’d glanced at the Euro \/ US Dollar pairing in March, projecting traffic down to 1.10 with this level successfully achieved. The drop exceeded our initial target on the first downward surge, generally bad news.<\/p>\n\n\n\n

What does this mean?<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

The chart above shows movement for this pairing during \nthe day on August 30th. The point at which our target 1.10 was achieved saw the \npairing fall to 1.096, thus breaking the target and implying further weakness is \npossible. In the period since, the pair has bounced rather unconvincingly above \nand below our 1.10, thus tending to confirm it was indeed a valid target, along \nwith signalling trouble ahead. The situation now appears fairly straightforward.<\/p>\n\n\n\n

Below 1.092 should trigger further reversal to an \ninitial 1.0635. If broken on the initial surge, our secondary is at 1.0494 and \nwe now expect the pair to enact a bounce at such a level, if only to confirm the \nlong term RED uptrend (from 2002!) has been broken. Effectively, this gives the \nhope of a bounce from 1.0494 up to 1.09 or so.<\/p>\n\n\n\n

At present, to escape this quagmire, the relationship \nneeds strengthen above 1.1240 but visually, there’s nothing significant which \ngives hope.<\/p>\n\n\n\n

In summary, we’re all doomed…As \nusual.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

9:53:01PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

60.7<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

9:56:53PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1496.79<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

9:59:01PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7358<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:02:52PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5621<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:06:07PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12392<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:07:50PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

3002.07<\/font><\/TD>

\n\t

2971<\/font><\/TD>

\n\t

2959<\/font><\/TD>

\n\t

2944<\/font><\/TD>

\n\t

2990<\/font><\/TD>

\n\t

3004<\/font><\/TD>

\n\t

3035.25<\/font><\/TD>

\n\t

3067<\/font><\/TD>

\n\t

2971<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:11:51PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

27159<\/font><\/TD>

\n\t

26836<\/font><\/TD>

\n\t

26737<\/font><\/TD>

\n\t

26596<\/font><\/TD>

\n\t

26989<\/font><\/TD>

\n\t

27158<\/font><\/TD>

\n\t

27308.5<\/font><\/TD>

\n\t

27605<\/font><\/TD>

\n\t

26870<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:18:31PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7890.19<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:32:03PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

21677<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

11\/09\/2019 FTSE Closed at 7338 points. Change of 0.98%. Total value traded through LSE was: \u00a3 7,289,107,172 a change of -4.98%<\/h>\n","protected":false},"excerpt":{"rendered":"

#DOW #SP500 Given events in the ‘Scottish Law v English Law, Boris v Parliament and UK v Europe’ shambles, it is probably safer to look outside the UK for signs of sanity. We’d glanced at the Euro \/ US Dollar pairing in March, projecting traffic down to 1.10 with this level successfully achieved. The drop … <\/p>\n

Continue reading “EURUSD for 12\/09\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1207","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1207"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1207\/revisions"}],"predecessor-version":[{"id":1208,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1207\/revisions\/1208"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1207"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}