17Jun

Week of June 17, 2009

EURUSD’s short term fall from the June 11, 2009 high of 1.4177 remains active as only a 2 hour open and close above 1.3912 will complete this fall while yesterday’s 1.3748 low holds, as prices will then move within a 1.3912-1.4013 consolidation zone before another attempt to the downside.  Once prices have moved within the above mentioned zone , a sustained […]
15Jun

Week of June 15, 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 increases for further price extension to the downside within a 1.3440-1.3783 consolidation zone before another […]
12Jun

Week of June 12,2009

EURUSD broad outlook remains bid as the rise from the April 22, 2009 low of 1.2885 remains active with the June 6, 2009 high of 1.4338 as the next objective while ONLY a daily open and close below 1.3783 will complete this wave. For the session ahead, look to buy EURUSD within the 1.4032-1.4088 zone for 1.4338 […]
08Jun

Week of June 8, 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 while the June 3, 2009 high of 1.4338 caps.  As to the short term rise from the May 28, 2009 low of 1.3792, this rise is complete at 1.4338, as […]
05Jun

Week of June 5, 2009

EURUSD fall from the June 3, 2009 high of 1.4338 reached 1.4069 yesterday and remains in the the 1.4172-1.4235 intraday consolidation zone as a sustained break outside this zone will see further price extension in the direction of the break. As to the rise from the May 28, 2009 low of 1.3792, this rise remains active as […]
04Jun

Week of June 4, 2009

EURUSD’s rise from the May 28, 2009 low of 1.3792 remains active with the December 18, 2008 high of 1.4718 as the next objective.  Only a daily open and close below 1.4129 will complete this rise while  yesterday’s 1.4338 high holds, as prices will then continue to move lower within a 1.4065-1.4129 consolidation zone before another attempt to the upside.  As […]
02Jun

Week of June 2, 2009

EURUSD has reached our target with yesterday’s 1.4245 high with the December 18, 2008 high of 1.4718 as the next objective. EURUSD’s short term rise from the May 28, 2009 low of 1.3792 remains active as ONLY a daily open and close below 1.4072 will complete this rise while yesterday’s 1.4245 high holds. As to the rise from the May […]
28May

Week of May 28,2009

EURUSD’s rise from the April 22, 2009 low of 1.2885 remains active as ONLY a daily open and close below 1.3605 will complete this rise while the May 22, 2009 high of 1.4050 holds. Look for prcies to continue to move higher while 1.3605 support with 1.4184 as the next objective. As to the intraday rise from […]
18May

Week of May 18, 2009

EURUSD continues to consolidate the medium term rise from the March 4, 2009 low of 1.2455 and the March 19, 2009 high of 1.3735 as a daily open and close above 1.3433 confirming the rise has once again resumed with 1.3854 as the next objective.  As to the downside, prices will need to open and close below […]
11May

Week of May 11, 2009

EURUSD’s rise from the May 7, 2009 low of 1.3251 remains active as a daily open and close below 1.3506 will complete this rise while today’s 1.3664 high holds, as prices will then continue to move within a 1.3409-1.3506 consolidation zone before another attempt to the upside. Additionally, last Friday’s daily and weekly close above […]

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