The EURPLN rallied over last couple of days (charts thanks to ChartStation):
The CHFPLN looks alike:
The currencies' swings are surprising as usual. The daily buy signals were generated; however, the weekly downtrend remains intact and we should not bet against the higher level trend.
As for head-and-shoulders patterns (previous post) - they are still intact (negation after crossing the shoulder's height).
The Fibo projections were altered as per charts.
Another four US banks defaulted this Friday (here). That gives 51 bank failures total since the credit crisis.
Sources:
[http://www.marketwatch.com/news/story/Four-banks-shuttered-credit-crunch/story.aspx?guid={982438DE-54E6-4F2E-84FF-FA3F1556A589}]
20090415
15 years ago
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