V.17:6 (270-274): The Euro’s Weekly Cycles by Walter Bressert and Doug Schaff

V.17:6 (270-274): The Euro’s Weekly Cycles by Walter Bressert and Doug Schaff
Item# \V17\C06\043EURO.PDF
$3.95
Availability: In Stock

Product Description

The Euro’s Weekly Cycles As a followup to last month’s introduction to the newborn European currency, here’s what may happen to the Euro. n January 4, 1999, the 40odd years of planning and 10 years of political and economic work paid off as the Euro began trading in a calm, orderly manner. But what’s the bottom line? How will improved efficiencies from a single currency affect Europe’s competitiveness? When will the Euro’s status as a reserve currency begin to shift demand away from US dollars? The brandnew European Central Bank (ECB) is determined to establish its credibility. Europeans, on the other hand, having accepted large doses of fiscal and monetary tightening to establish the Euro, are now ready for payback in the form of economic growth. In the midst of this uncertainty, it’s not so surprising that the Euro initially put in a weak price performance. Starting off at 1.1630, it quickly put in its high just above 1.1900 and by mid-February had traded down to 1.1200. The fundamentals will probably sort themselves out by summer. By then, the economic slowdown in Europe will most likely be over. In the meantime, cycle analysis offers guidelines regarding time and price levels at which the Euro should bottom. Let us apply additional technical tools, oscillators, and trend indicators to develop a trading methodology for the Euro using weekly cycles.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order