14Feb

Week of February 14, 2010

EURUSD has reached our initial 1.3748 target sited in our January 30, 2010 update with prices continuing to move lower towards our next objective 1.3418.  As to the fall from the January 13, 2010 high of 1,4579, this wave remains active as ONLY a daily open and close above 1.3931 will complete the fall while last weeks low […]
31Jan

Week of January 31, 2010

EURUSD’s broad outlook remains corrective as the rise from the April 22, 2009 low of 1.2885 is complete at the Nov 25, 2009 high of 1.5143, as prices have now moved within the previously sited 1.3748-1.4260 consolidation zone. Risk remains for further price extension to the downside next targeting 1.3748 before another attempt to the […]
06Jan

Week of January 6, 2010

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.4094 will complete this rise while the October 23, 2009 high of 1.4843 holds. A daily open and close below 1.4095 will see prices continue to move lower within a 1.3633-1.4095 consolidation zone before another […]
14Dec

Week of December 14, 2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.4094 will complete this rise while the October 23, 2009 high of 1.4843 holds. A daily open and close below 1.4095 will see prices continue to move lower within a 1.3633-1.4095 consolidation zone before another attempt to […]
01Sep

Week of September 1, 2009

EURUSD’s broad outlook remains within a 1.3745-1.4446 consolidation zone as a sustained break of this zone will see further price extension in the direction of the break.  A daily close above 1.4446 will see prices continue to move higher initially targeting 1.4620 while to the downside a daily close below 1.3745 will see prices continue to move lower initially […]
23Aug

Week of August 23, 2009

EURUSD’s outlook remains bid as the rise from the April 22, 2009 low continues to unfold with the December 18, 2008 high of 1.4718 as the next objective. Only a daily open and close below 1.3850 will complete this rise while the August 5, 2008 high of 1.4446 caps. For the week ahead, look to […]
19Aug

Week of August 19, 2009

EURUSD’s fall from the August 13, 2009 high of 1.4326 remains active as ONLY a 2 hour open and close above 1.4152 will complete this fall while the August 17, 2009 low of 1.4045 low holds. No change in the broad outlook, as the rise from the April 22, 2009 low of 1.2885 remains active […]
17Aug

Week of August 17, 2009

EURUSD’s corrective fall continues to unfold with the July 29, 2009 low of 1.4007 as the next objective.  As to the broad outlook, the rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.3850 will complete this rise while the August 5, 2009 high of […]
14Aug

Week of August 14, 2009

EURUSD remains firm as a daily close above 1.4330 today will see prices continue to move higher with 1.4443 as the next objective.  The corrective fall from 1.4446 is complete at Wednesday’s 1.4088, as prices essentially remain within the 1.4224-1.4308 consolidation zone. Look for a sustained break of this zone to see further price extension in […]
12Aug

Week of August 12, 2009

EURUSD’s fall from the August 8, 2009 high of 1.4446 remains active as ONLY a daily open and close above 1.4224 will complete this fall, otherwise, look for prices to continue to move lower with the July 29, 2009 low of 1.4007 as the next objective. As to the broad outlook, the rise from the April […]

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