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Euro Sells Off after Reaching Minor Retracement Zone
Posted by Forexhound on February 17th, 2011

News from the European Central Bank that overnight lending at the 1.75% penalty rate spiked 15.8 billion ($21.4 billion), the highest since June 2009, pressured the Euros overnight. Reports circulating suggest that this spike may be related to renewed problems in the Euro-Zone periphery.

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euro, After, Off, retracement, euro zone debt crisis, sells, Minor, Reaching

Treasury Bonds Test Minor Retracement Zone
Posted by Futureshound on September 3rd, 2010

December Treasury Bonds broke on Friday as investors shed safer assets in favor of higher-yielding risky assets. The main trend remained up on the daily chart while the market completed a 50% retracement of the 124’22 to 135’19 range. The first target was 130’17. The market tested 130’12.

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bonds, treasury, Test, Zone, retracement, Minor

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