This has been of particular interest, the 3C chart on the pair confirmed the move all day right in to the 2 p.m. highs, the EUR/USD lost ground there, which would put some pressure on the market short term/intraday, but its overall position being a good distance above the SPX is what is meaningful.
So is this positive divergence in to the move down, because so far I believe every signal we've had on the pair since using 3C on it has been accurate.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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