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Jim Wyckoff

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Euro currency bears in command

August 29, 2023 by Jim Wyckoff

The December Euro currency futures are in a solid price downtrend, have just recently hit a 2.5-month low and the bears have the solid near-term technical advantage. There are no strong, early technical clues to suggest a market bottom is close at hand. The path of least resistance for Euro currency prices remains sideways to lower. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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