01Nov

EURUSD OUTLOOK FOR NOVEMBER 2012

EURUSD reached 1.3138 last month, few pips above the 1.3124 target sited in my October 2012 outlook.  However, little change in the broad outlook as risk for further downside in the months ahead while the 1.3148-1.3490 limits the upside for downside targets of 1.1876, 1.1153 and 1.0705 in the months ahead.  As to the medium […]
06Oct

EURUSD OUTLOOK FOR OCTOBER 2012

EURUSD reached a high of 1.3171 last month, just a few pips above the 1.3148 target sited in my Sept 2012 monthly outlook.  Short term and medium term risk remain to the upside as a daily open above 1.3084 and higher close will confirm a new rise is underway from 1.2802 targeting 1.3124, 1.3171, 1.3220, […]
04Sep

EURUSD OUTLOOK FOR SEPTEMBER 2012

EURUSD’S broad outlook remains unchanged as the fall from the 2011 high of  1.4939 remains active as ONLY a monthly open and higher close above 1.3148 will complete the fall from 1.4939 at 1.2041, otherwise look for further downside extension in the weeks ahead targeting the 2010 low of  1.1876 followed by  1.1642, 1.1530 and […]
03Aug

EURUSD OUTLOOK FOR AUGUST 2012

EURUSD’S broad outlook remains as my next target of 1.2028 was essentially achieved with last months 1.2041 low as risk for further downside continues with the 2010 low of  1.1876 as the next objective followed by  1.1530 and 1.0705.  ONLY a monthly open above 1.3500 and higher close will eliminate the downside risk and turn […]
02Jul

EURUSD OUTLOOK FOR JULY 2012

EURUSD OUTLOOK FOR JULY 2012   No change in my outlook, EURUSD’S broad outlook from the 2011 high of 1.4939 remains active and has reached the 1.2294 target sited in my February 2012 EURUSD OUTLOOK. Risk remains for further downside extension targeting 1.2028, 1.1876,1.1530 and 1.0705 in the weeks ahead. As to the medium term outlook, […]
01Jun

EURUSD OUTLOOK FOR JUNE 2012

EURUSD’S fall from 2011 high of 1.4939 remains active and has reached the 1.2294 target sited in my February 2012 EURUSD OUTLOOK. Risk remains for futher downsdie extension targeting 1.2028, 1.1876,1.1530 and 1.0705 in the weeks ahead. As to the medium term outlook, the fall from the May 2012 high of 1.3282 remains active as […]
14May

EURUSD OUTLOOK FOR THE WEEK OF MAY 14-18, 2012

No change in outlook for the week ahead, EURUSD will continue to move lower this week targeting 1.2826, 1.2623, 1.2420, 1.2294, 1.2192 and 1.2090 in the weeks ahead.  As to the upside,  look for 1.3082 to limit any upside attempts as above this level will take the nearterm pressure off the downside while the broad […]
06May

EURUSD OUTLOOK FOR THE WEEK OF MAY 7-11, 2012

EURUSD’S nearterm rise from 1.2994 is complete at 1.3282 as last Friday witnessed daily prices open and close 1.3172 thus completing the rise from 1.2994 at 1.3282. Look for further downside risk into the days ahead targeting 1.2994, 1.2926, 1.2881, 1.2850 and 1.2815 as ONLY a daily open and higher daily close above 1.3138 will […]
29Apr

EURUSD FORECAST FOR THE WEEK OF APRIL 30-MAY 4, 2012

EURUSD’S rise from 1.2994 continues to unfold with risk for further upside extension into the days ahead targeting 1.3279, 1.3366 and 1.3455 while 1.3134 limits the downside. A daily open and lower close below 1.31384 will turn the nearterm outlook to neutral.  For the week ahead look for EURUSD bids within the 1.3138-1.3164 zone to […]
22Apr

EURUSD FORECAST FOR THE WEEK OF APRIL 23-27, 2012

EURUSD’S fall from the April 2 high of 1.3379 will be complete at 1.2994 with a daily open and higher close above 1.3141 with risk for further rise in the days ahead targeting 1.3232, 1.3289 and 1.3379.  For the week ahead, look for further rise in the days ahead targeting 1.3379 while daily prices remain […]

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