US Jobless claims later should decide which way this goes in the short term. Otherwise, the USD is still gaining strength in the short term.

EurAnalysis

Hi Halkins, Your argument of multiple failed attempts works both ways. In a world of supply and demand, the multiple failed attempts could be seen as a systematic absorption of supply. Once supply is fully absorbed, there will be none left and as ...

EurAnalysis

To see my bearish mentality, you must put away your magnifying glass and pick up your binoculars. I am still extremely bearish the Euro in the long term, but cyclical technicals are very strongly suggesting low to mid 1.4x area before we turn south. ...

EurAnalysis

My apologies Swede. I did not see your question until after the press conference started. PM23, nice to see you posting here again. To both of you... The spike in USD strength is not really that convincing to me yet. I was and still am expecting a ...

EurAnalysis

I concur, but for now we should only see a small correction. The larger correction should come after we reach 1.4005/70 area.

EurAnalysis

I suck at timing, but assuming volatility levels remain the same, considering that it took 10 weeks to go from 8050 to 8550 and will probably take at least another week or two to reach 8650 or so, then I would say that in all likelihood, we should ...

EurAnalysis

Yes I still see cable eventually heading to 1.7x before the major correction comes. Nothing has changed in my mid term and long term views. Obviously nothing travels in a straight line, so I am expecting a correction to about 1.6340 and possibly as ...

EurAnalysis

Yes I think it is still in play regardless of the Friday rally. The charts are telling me that we most likely have a temporary top in place. However, divergence is weak so we may get one more push up to take out the barriers at 1.4000 before ...

EurAnalysis

Hey Sweedie. It has indeed been a long time, but don't worry. It's like riding a bicycle. Once you learn, you never forget. Nice to have you gracing these pages with your presence again.

EurAnalysis

So far it looks like 1.3790/3800 is still the intermediate target. Waiting to see what happens when we get there.

EurAnalysis

For me, busy is almost always fun and this time it definitely is Enjoy the slopes my friend.

The Club!

Just dropping in to say hello to my good friend Markus and the other excellent club members. Been very busy and limiting my occasional posts to my thread. Just wanted to let you all know I am still kicking.

The Club!

Next move should be a test of your rising trend line around the 1.3790 area. If that holds, then we probably see new highs. If it gives, then your 1.3360 target may still be in play.

EurAnalysis

Yes of course that all plays into it also. It's going to be interesting. After being asked to take a quick look at the Kiwi by another trader, my analysis (although a quickie type) tells me that we should hit around 0.8600 followed by a correction ...

EurAnalysis

Once I saw absolute confirmation, I had no choice but to abandon my bearish outlook. For me that happened on the first daily close above 1.3630 on 17th October 2013 I've been buying dips since then.

EurAnalysis

Looks like Draghi is not as dovish as the market anticipated. This guy obviously doesn't give a hoot about a strong Euro... most likely because he already knows that the Euro will be tenderized once the Fed all but eliminates QE. 1.4x, here we come.

EurAnalysis

The Kiwi economy is based more on soft commodities. Mostly food. Therefore, since the world population is growing and producing a constant demand for food, the Kiwi will not suffer the same fate as the AUD and CAD. However, when USD strength comes ...

EurAnalysis

My sentiments exactly Gno

EurAnalysis