A turbulent week is almost over, stock markets have continued with a brutal volatility. Amazing historical lows and have appreciated, low in the order of 9% in one day.
The "crisis" is affecting all sectors, some sectors of the products has been as precipitous as the stock market. With oil at 64 USD and the price of copper at $ 1.64 a pound. And they all ask the same questions: Where is the floor? and When will affect the markets 'real'?.
The first question, but nobody is certain, there is talk of Dow Jones with super flat for the 7500 points and the second question has no response at this time.
ads are seen strategic summits of the major countries of the world, elections in the United States can bring a change of "mind" and some return of confidence. There is talk of "refound" the system and total intervention ... What else can be done to return investment?.
Fundamental Analysis
The Euro has to continue to fall against the Dollar, the Euro zone exposure, note that the big banks that have lent money to emerging markets are Europeans. And commodity prices have collapsed and you will start to produce at a loss as the case of copper mining. Major Euro-zone countries like Germany show signs of contraction in economic activity, that country being the powerhouse of Europe.
However, the most important data indicating that the Euro should continue to depreciate against the dollar is that investors are being covered with hard currency, the main and then Dollar Yen.
For fundamental analysis hold a continuation of the low price of Euro against the Dollar. And it is very possible that we return to him 1 to 1 in the near future. We do not see anything that may hold the Euro at the moment.
Technical Analysis
Making a brief chart analysis we can see that the price of the Euro is in a bearish line acceleration and turn away from the main trend line downward.
This opens the way to a possible price adjustments without necessarily mean a turnaround.
on our technical indicators are clearly oversold in the area, but when the price is with a strong tendency reliability is reduced. Therefore we consider not take them into account.
All this you can see in the following figure:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg4BiQ3ZwG0hzYrNsRuVz41oRg77eKgs8BaMETRs3bp80QJEJOQTArIod6-w6wo1Op5TwY6QWJNZK_73etdHCQJrr65Jtsu4Ceipk2n9Z7Zwhx6DLPh8REXuCdS33-xojYZuX2DFqPu7gg/s400/EURUSD_26_Octubre.gif)
In summary, we believe that we should maintain a low price Euro against the Dollar.