Germany IShares Weekly

On Feb. 12 we NFTRH+‘d Germany (and Europe in general) and assigned a target to EWG using a daily chart. Here is EWG weekly, trying to get through resistance after doing some good work.

Key to this would be the currency relationships going on with Uncle Buck and the Euro. EWG would rather see a weaker buck than say, the hedged Germany fund DXGE. Same goes for Europe in general with the likes of EZU vs. HEDJ.

Print Friendly, PDF & Email

Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

Share This Post On

Submit a Comment

Your email address will not be published. Required fields are marked *