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Veteran investor and renowned share tipster Quentin Lumsden argues that, paradoxically, equity investors could stand to benefit significantly from the crisis currently engulfing the single currency area, and from the gloomy macroeconomic situation elsewhere.
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Euro/dollar : the pair remains within a bearish channel and is challenging its resistance.
Euro/dollar : the pair remains within a bearish channel and is challenging its support. SHORT position below 1.32 with 1.26 & 1.24 in sight.
Euro/dollar : the pair remains on the downside and is approaching its previous low as the RSI is badly directed.
Euro/dollar : the pair has struck against its new resistance and should face further weakness.
Euro/dollar : the pair has struck against its new resistance and remains under pressure.
Euro/dollar : the pair has struck against its new resistance and remains under pressure. SHORT position below 1.42 with 1.35 & 1.315 in sight.
Euro/dollar : the pair is posting a rebound but stands below its new resistance, the RSI lacks upward momentum.
Euro/dollar : the pair remains under pressure and is approaching its next support. SHORT below 1.4200 with 1.3325 & even 1.2965 in sight.
Euro/dollar : the pair has broken below a MT rising trend line calling for further decline.
Euro/dollar : the pair has broken below a MT rising trend line and is expected to seesaw between 1.395 & 1.34.
Euro/dollar: the pair has rebounded on its support and is challenging its declining trend line.
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