{"id":60051,"date":"2012-06-05T10:54:21","date_gmt":"2012-06-05T00:54:21","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/06\/05\/euro-nearing-key-up-and-down-levels\/"},"modified":"2012-06-05T10:54:21","modified_gmt":"2012-06-05T00:54:21","slug":"euro-nearing-key-up-and-down-levels","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/06\/05\/euro-nearing-key-up-and-down-levels\/","title":{"rendered":"Euro Nearing Key Up And Down Levels"},"content":{"rendered":"

\n\tFNArena<\/span><\/span><\/span> has added another video to its Investors Education section on the website<\/span><\/span>.In this video, ATW's<\/span> Jerry Simmons once again looks at the EUR\/USD, noting the euro has now gone down for 5 straight weeks, hitting a major low from 2008 today (6 June 2012 US time).<\/p>\n

\n\tFrom a technical perspective, Simmons would like to see EUR\/USD push past 1.27 before he is prepared to call a reversal. On the other hand, a break below 1.22 would confirm further downward movements.<\/p>\n

\n\tAs noted last week, the EUR\/USD cross remains an important indicator, with Simmons assuming that risk assets will track the euro.<\/p>\n

\n\tAs far as crude oil goes, Simmons thinks there’s a chance we could see a multi-day or multi-week rally if key resistance (for WTI<\/span>) at 84.50 were broken. Natural gas, though down, is holding, while Weekly Commodity Futures have a chance of turning higher.<\/p>\n

\n\tTo view the ATW<\/span><\/span> Strategic Prep Video click HERE<\/a> or visit the FNArena<\/span><\/span> Investors Education section of the website<\/span>.<\/p>\n

\n\tHere's the direct link: http:\/\/www.fnarena.com\/index2.cfm?type=dsp_front_videos<\/span>&vid<\/span>=85<\/a><\/p>\n

\n\tAll views expressed are Jerry Simmons's, not FNArena's<\/span> (see our disclaimer).<\/p>\n

\n\tJerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme<\/span> within the education system at New York based Advanced Trading Workshop (ATW<\/span>).<\/p>\n

\n\tFNArena<\/span> is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses<\/span>.<\/p>\n

\n\tThe above mentioned videos can be accessed via the FNArena<\/span> Investor Education section at http:\/\/www.fnarena.com\/index4.cfm?type=dsp_front_videos<\/span>)<\/p>\n

\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The USD\/EUR cross remains in ATW’s headlights, while crude and commodity futures are showing some possible positive signs.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60051"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=60051"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60051\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}