Euro Bear Market Review: Will The Pain Ever End?




We sure seemed to be looking at a double or even triple bottom right now, which could give us a bullish phase heading into next year.  When the USD implodes would it not be fitting that many runs to the Euro for a place to hide out?  I can’t see that the EURO keeps on imploding if gold carries on with its bullish phase. This would indicate a massive diverging shift to come, which I find rather hard to believe.  Only time will tell us what will really happen, but the commercial traders are still net long the Euro, even though the increased their short positions last week.  Can it go lower? Sure the Euro could make a wild spike to the downside, before it soars.  The Euro has tried to break out 2 times since 2015 and I’m sure it will succeed on its 3rd try