Matthew Cowie's  Instablog

Matthew Cowie
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Independent financial analyst currently living in Beijing, China. Articles written for Fidelity Independent Adviser have appeared on, Yahoo Finance, and Seeking Alpha.
My blog:
Investing in Chinese Stocks
  • Euro Fall (USD Breakout) Coming? 0 comments
    May 4, 2013 11:20 AM | about stocks: FXE

    A head and shoulders could be forming on the euro. Neckline is around $126 on FXE, with a top around $135, giving a target of $117 if the pattern completes. That would take the euro below its 2010 lows.

    (click to enlarge)

    Stocks: FXE
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