11Aug

Week of August 11, 2009

EURUSD’s broad outlook remains bid as 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 1.4446  caps. As to the short term fall from Friday’s 1.4412 high, this corrective wave remains active as […]
03Aug

Week of August 3, 2009

EURUSD’s broad outlook remains bid as a daily open and close above 1.4238 will confirm the rise from the 2009 low of 1.2885 continues to unfold with 1.4338 followed by 1.4718 as the next objectives.  As to the short term rise from the July 29, 2009 low of 1.4007, this impulsive wave remains active as […]
31Jul

Week of July 31, 2009

EURUSD’s corrective fall from the July 28, 2009 high of 1.4304 has reached a low of 1.4007 during Wednesday’s US session, as prices have now moved within the 1.4120-1.4191 consolidation zone of the 1.4304-1.4007 fall.  Only a two hour open and close above 1.4120 confirms the fall from 1.4304 is complete at 1.4007 as prices will then continue to move higher […]
29Jul

Week of July 29, 2009

EURUSD’s short term rise from the July 8, 2009 low of 1.3832 is complete at yesterday’s 1.4304 high as prices have moved within the 1.4012-1.4124 consolidation zone.  Now that prices have moved within the mentioned short term consolidation zone, a sustained break of this zone will see further price extension in the direction of the break […]
27Jul

Week of July 27, 2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.3783 completes this rise while the June 3, 2009 high of 1.4338 caps. For the session ahead, look for EURUSD to continue to move higher towards 1.4290 while 1.4115 limits the downside as a sustained […]
20Jul

Week of July 20, 2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.3783 will complete this rise at the June 3, 2009 high of 1.4338 with prices then continuing to move lower wihin a 1.3440-1.3783 consolidation zone before another attempt to the upside.  As to the short term rise from […]
13Jul

Week of July 13, 2009

EURUSD’s rise from the April 22, 2009 low remains active as ONLY a daily open and close below 1.3783 will complete this rise while the June 3, 2009 high of 1.4338 holds. A daily open and close below 1.3783 will then see prices continue to move lower within a 1.3440-1.3783 consolidation zone before another attempt to […]
06Jul

Week of July 6, 2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.3783 will complete this rise at the June 3, 2009 high of 1.4338 with prices then continuing to move lower within a 1.3440-1.3783 consolidation zone before another attempt to the upside.  Look for intraday prices to […]
01Jul

Week of July 1, 2009

EURUSD’s broad outlook remains bid as the rise from the April 22, 2009 low of 1.2885 reached 1.4338 on June 3, 2008, as ONLY a daily open and close below 1.3783 will complete this rise while the June 3 high of 1.4338 caps.  As to the intraday outlook, the fall from yesterday’s 1.4152 high remains active […]
22Jun

Week of June 22, 2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as only a daily open an close below 1.3783 will complete this rise while the June 3, 2009 high of 1.4338 holds. Once prices have opened and closed below 1.3783, risk will then favor further price extension to the downside within a 1.3440-1.3783 consolidation zone before another […]

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