I've got resistance at 1.3348 on my ten minute chart and some resistance at 1.3360 on my hourly. If they are going to cap it for today, that zone should be the spot. Since they tested the 1.3285 area and the US market did not get to test that zone ...

EURUSD

My weekly model would need to hold 132.10 right now or it could get ugly. Once again, it is hard for me to believe that the USD rally has much steam left considering the way Gold is behaving. Gold is hanging tough. So is Silver.

EURUSD

My hourly model looks like it wants to see 1.3360 again.

EURUSD

She's a clown. And they might just put her in there anyway just to prove they can do it. They could put a parrot in office and the policies would not change. The President is just a mouthpiece anyway. He does what he is told to do. Isn't that ...

EURUSD

Gold is certainly not acting like the USD is going to climb for much longer. Gold as the ultimate alternative currency is hanging tough. That tells me that whatever we are seeing now is going to be short lived.

EURUSD

they must be wanting to short that spread. I wouldn't trust the big houses on any of their recommendations. Their track records are pathetic. Goldman is the worst of the lot. Those guys would have you buy all of the highs and sell all of the lows. .

EURUSD

The Euro closed at 135'27. in Europe. They need to pull it back before the European open. Odds are, any rally through 136 before a pullback will likely be a bull trap

EURUSD

Not really. The US banks are temporarily benefiting from the change in the accounting rules since the 2008 crises. They are carrying assets on their books at cost instead of at current value. If they had to observe the same accounting rules today ...

EURUSD

He says the virtual gold is not backed by physical metal. --Many of the ETFs are only backed by derivatives contracts and we all know what can happen with that crap. We did hit something like that in 2008 and it nearly wiped out the world trying to ...

EURUSD

That is his point. He thinks people are crazy to buy virtual gold. He claims the physical metal is the only viable option.

EURUSD

The liquidity trap is even worse in this age because of the ease with which money is now able to move from place to place all over the world. In the past, the QE money would have found a home in the US and helped to stimulate. Now it just moves to ...

EURUSD

Without QE from all parts of the Western World, there will be no liquidity. It's a heck of a dilemma. QE and major inflation. No QE and total collapse. There really is no in between. Our Govts (Fed State and Local) spend too much money and to shut ...

EURUSD

Indirectly, he is saying that Gold is then only safe haven as an alternative currency. But he thinks the US is in the worst shape of everyone and in my opinion, he is right. He looks for the USDX to eventually hit 56 somewhere down the road

EURUSD

Sinclair on QE: Jim Sinclair’s Commentary Short the long bond with close stops sounds good to me. Cover at 100 pts (32/32), certainly not more that 200 pts declines. This is what Bernanke sees. This is why regarding QE to infinity, however even with ...

EURUSD

Repositioning for another USD decline: Money Is Repositioning for Another Dollar Decline The dollar's decline against other major currencies will resume once the right money is properly repositioned. Connected players will use the strength to ...

EURUSD

It's dead tonight. I'm having trouble even finding a safe scalp. I'm a little surprised that the Asian market did not try to test the lows set in the US session. It makes a rally somewhat harder to swallow at this stage.

EURUSD

The daily looks short term oversold. My stochastics model is begging for a relief rally.

EURUSD

1320 should find a lot of buyers.

EURUSD

When Jimmy Carter was in office, the largest budget deficit was only 600 million dollars. Under Reagan, we hit a 1 Billion dollar deficit for the first time. Now the real deficit is over a trillion a year and the Fed announces they are going to ...

EURUSD

The hourly has been bullish for 20 hours. It is only now in a position to allow a pullback, but that is still up in the air. It has yet to turn negative in a way that would give a short seller a decent risk/reward ratio.

EURUSD