13Jun

Week of June 13-18, 2010

EURUSD’s broad outlook remains unchanged as the fall from the November 2009 high of 1.5143 continues to unfold reaching 1.1876 as ONLY a weekly open and close above 1.3124 will complete this fall while last week’s 1.1876 low holds. Similarly, the fall from the January 13, 2010 high of 1.4579 remains active as ONLY a […]
06Jun

Week of June 6-11, 2010

EURUSD’s broad outlook continues to favor further downside extension with 1.1881 as the next objective. ONLY a weekly open and close above 1.3173 will complete the fall from the November 2009 high of 1.5143 while last weeks 1.1955 low holds. Otherwise, look for further downside extension to unfold with a sustained break of 1.1881 targeting […]
01Jun

Week of June 1, 2010

EURUSD’s broad outllook continues to favor further downside extension with 1.2031, 1.1877, 1.1642 and 1.1435 as the next objectives. The fall from the November 22, 2009 high of 1.5143 remains active as ONLY a weekly open and close above 1.3269 will complete this fall while the June 1, 2010 low of 1.2111 holds.  As to […]
17May

Week of May 17, 2010

EURUSD’s broad outlook remains offered as the fall from the November 22, 2009 high of 1.5143 continues to unfold reaching our previously sited target of 1.2455 (2009 low) and 1.2328 (2008 low) with further downside extension next targeting 1.1877 followed by the November 2005 low of 1.1642.  As to the upside, ONLY a weekly open […]
18Apr

Week of April 18-23, 2010

EURUSD’s fall from the January 13, 2010 high of 1.4579 remains active as ONLY a daily open and close above 1.3768 will complete this fall while the March 25, 2010 low of 1.3266 holds. ONLY above 1.3768 will prices continue to move higher within a 1.3768-1.4077 consolidation zone before another attempt to the downside. As […]
21Mar

March 21-26, 2010 – Monday 6:00 GMT

EURUSD’s fall from the January 13, 2010 high of 1.4579 remains active as ONLY a daily open and close above 1.3871 will complete this fall while the March 2, 1010 low of 1.3433 holds. Prices reached 1.3817 last week as this was a few pips shy of the our 1.3878 target sited in our March […]
14Mar

March 14-19, 2010 – Sunday 22:00 GMT

EURUSD’s medium term fall from the January 13, 2010 high of 1.4579 remains active as ONLY a daily open and close above 1.3871 will complete this fall while the March 2, 2010 low of 1.3433 holds, as prices will then continue to move higher within a 1.3871-1.4141 consolidation zone before another attempt to the downside. […]
07Mar

Week of MARCH 7-12, 2010

EURUSD fall from the January 13, 2010 high of 1.4579 remains active as ONLY a daily open and close above 1.3871 will complete this fall while last week’s 1.3433 low holds. As to the downside, a daily open and close below 1.3482 will confirm resumption of the downside extension with 1.3030 followed by 1.2885 as […]
01Mar

Week of March 1-5, 2010

EURUSD moved higher last week as was my forecast with nearterm risk for further rise towards 1.3788 while 1.3548 supports. However, the February monthly close suggest further downside extension will unfold in March with 1.3089 as the next objective while prices remain below 1.4093. Our sited target for the week of Feb. 14 was 1.3418 […]
21Feb

Week of Febraury 21, 2010

FOR THE WEEK OF FEBRUARY 21-26, 2010 EURUSD EURUSD continued to move lower last week as our forecast targeted 1.3418 with prices reaching 1.3444, a few pips shy of our objective. The BROAD OUTLOOK at this juncture remains corrective as the rise from the April 22, 2009 low of 1.2885 is complete at November 2009 […]

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