{"id":998,"date":"2019-06-09T22:21:58","date_gmt":"2019-06-09T21:21:58","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=998"},"modified":"2019-06-10T08:28:12","modified_gmt":"2019-06-10T07:28:12","slug":"gbpeur-on-10-06-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/06\/09\/gbpeur-on-10-06-2019\/","title":{"rendered":"GBPEUR on 10\/06\/2019"},"content":{"rendered":"\n

#Brent #DAX <\/strong>\nSometimes this pair defies any sort of logic but, as projected last month (link \nhere<\/a>), the relationship indeed met criteria and founders from the 1.17 level \ndown to the 1.12 level. We suspect, given the calibre of politicians involved, \nthis was almost like predicting rain in Scotland – inevitable.<\/p>\n\n\n\n

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

At present, the pairing needs above 1.13 just to exceed \nthe immediate pace of descent but we shall be more interested only if it somehow \nexceeds 1.14 and rises to 1.1503. While fairly insignificant, things get a \nlittle more interesting if 1.153 is bettered. This will tend imply some strength \nis present, indicating the potential of growth toward 1.169 next. Calculating \nabove 1.169 is a bit dodgy but the key trigger level for “proper” movement of \n1.20 still appears viable.<\/p>\n\n\n\n

However…<\/p>\n\n\n\n

We’re occasionally mentioning “on the first surge” to \nhighlight something useful about our target levels. For instance, the graphic \nabove highlights that on May 31, GBPEUR achieved our 1.1285, even closing the \nsession at exactly this level. But importantly, during the session, it broken \nbelow to 1.1268. In plain English, this created a scenario where regardless of \nwhat followed, our secondary drop target became viable.<\/p>\n\n\n\n

The situation now is fairly plain as anything now below \n1.12 looks very capable of travel down to an initial 1.1092 next. Secondary, if \n(when) broken on the first surge is at a bottom, hopefully, of 1.085. In \nconventional circumstances, we’d already feel comfortable assuming GBPEUR is \nalready heading down to the 1.085 level. Below such a point will require another \nhard stir of the tea leaves.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n\n
Time Issued<\/font><\/TD> \n\tMarket<\/font><\/TD> \n\tPrice At Issue<\/font><\/TD> Short Entry<\/font><\/TD> \n\tFast Exit<\/font><\/TD> \n\tSlow Exit<\/font><\/TD> Stop<\/font><\/TD> \n\tLong Entry<\/font><\/TD> \n\tFast Exit<\/font><\/TD> Slow Exit<\/font><\/TD> \n\tStop<\/font><\/TD> \n\tPrior<\/font><\/TD> <\/TR>\nFUTURES<\/a>
4:17:54PM<\/font><\/TD> \n\tBRENT<\/font><\/TD> \n\t63.03<\/font><\/TD> 61.47<\/font><\/TD> \n\t61.045<\/font><\/TD> \n\t60.3<\/font><\/TD> 62.85<\/font><\/TD> \n\t63.28<\/font><\/TD> \n\t63.54<\/font><\/TD> 64.23<\/font><\/TD> \n\t61.96<\/font><\/TD> \n\t‘cess<\/font><\/TD> <\/TR>\n
4:21:54PM<\/font><\/TD> \n\tGOLD<\/font><\/TD> \n\t1340.96<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> ‘cess<\/font><\/TD> <\/TR>\n
4:26:40PM<\/font><\/TD> \n\tFTSE<\/font><\/TD> \n\t7349.73<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> ‘cess<\/font><\/TD> <\/TR>\n
4:29:10PM<\/font><\/TD> \n\tFRANCE<\/font><\/TD> \n\t5362.7<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> Success<\/font><\/TD> <\/TR>\n
4:30:59PM<\/font><\/TD> \n\tGERMANY<\/font><\/TD> \n\t12068.31<\/font><\/TD> 11962<\/font><\/TD> \n\t11922.5<\/font><\/TD> \n\t11864<\/font><\/TD> 12061<\/font><\/TD> \n\t12098<\/font><\/TD> \n\t12160.25<\/font><\/TD> 12238<\/font><\/TD> \n\t11962<\/font><\/TD> \n\t‘cess<\/font><\/TD> <\/TR>\n
5:12:01PM<\/font><\/TD> \n\tUS500<\/font><\/TD> \n\t2875<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> Success<\/font><\/TD> <\/TR>\n
5:21:37PM<\/font><\/TD> \n\tDOW<\/font><\/TD> \n\t26014<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> Success<\/font><\/TD> <\/TR>\n
5:49:44PM<\/font><\/TD> \n\tNASDAQ<\/font><\/TD> \n\t7420<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> Success<\/font><\/TD> <\/TR>\n
5:51:29PM<\/font><\/TD> \n\tJAPAN<\/font><\/TD> \n\t21048<\/font><\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD>  <\/TD> \n\t <\/TD> Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n
7\/06\/2019 FTSE Closed at 7331 points. Change of 0.99%. Total value traded through LSE was: \u00a3 5,580,216,359 a change of 12.51%<\/h>\n","protected":false},"excerpt":{"rendered":"

#Brent #DAX Sometimes this pair defies any sort of logic but, as projected last month (link here), the relationship indeed met criteria and founders from the 1.17 level down to the 1.12 level. We suspect, given the calibre of politicians involved, this was almost like predicting rain in Scotland – inevitable. At present, the pairing … <\/p>\n

Continue reading “GBPEUR on 10\/06\/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-998","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/998","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=998"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/998\/revisions"}],"predecessor-version":[{"id":999,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/998\/revisions\/999"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=998"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}