By Andrew Spencer — Feb 17 - 06:29 PM
• Steady after closing down 0.1% with the U.S. dollar up just 0.05%
• Europe talks up more defence spending as Ukraine peacekeeper plan divides
• Shocked Europeans play catch-up after Trump moves on Ukraine
• German voters demand change into the election as the economy stalls
• The Eurozone and EURO needs a stable German government to prosper
• Charts - rising 5, 10 & 21 DMAs as 21-day Bollinger bands expand
• Positive daily momentum studies - daily signals remain constructive
• Hourly signals are neutral - Monday's 1.0468 and 1.0506 range are key levels
• 1.0450 946mln and 1.0500 1.320BLN are the close strikes for Feb 18th
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters