19Sep

Week of September 19-24, 2010

EURUSD’s broad outlook remains unchanged as the fall from the November 2009 high of 1.5143 remains active as ONLY a weekly open and close above 1.3124 will complete the fall from 1.5143 at the June 2010 low of 1.1876.  A weekly open and close above 1.3124 will solicite further rise within a 1.3124-1.3895 zone before another attempt […]
05Sep

Week of September 5-10, 2010

EURUSD’s broad outlook continues to favor further downside risk with the fall from the November 2009 high of 1.5143 remaining active as ONLY a weekly open and close above 1.3124 will complete the fall while the June 2010 low of 1.1876 holds. However, the corrective rise from 1.1876 is complete at 1.3332 as prices have opened and closed below […]
21Aug

Week of August 21-27, 2010

EURUSD’s broad outlook continues to favor further downside extension as ONLY a weekly open and close above 1.3124 will complete the fall from the November 2009 high of 1.5143 at the June 2010 low of 1.1876.  As to the medium term corrective rise from 1.1876, this rise is now complete at the August 2010 high of 1.3332 […]
15Aug

Week of August 15-20, 2010

EURUSD’s broad outlook remains unchanged as the fall from the November 2009 high of 1.5143 remains active as ONLY a weekly open and close above 1.3124 will complete this fall while 1.1876 holds.  As to the corrective rise from the June 2010 low of 1.1876, ONLY a daily open and close below 1.2776 will complete […]
01Aug

Week of August 1-6, 2010

EURUSD’s broad outlook favors further downside risk while prices remain below 1.3124 as ONLY a weekly open and close above 1.3124 will complete the fall from the November 2009 high of 1.5143 while the 2010 low of 1.1876 holds.  Assuming prices  sustain above 1.3124, risk will then favor further rise within a 1.3124-1.3895 zone before another attempt to the downside.  As […]
25Jul

Week of July 25-30, 2010

EURUSD’s outlook for the week ahead is essentially unchanged from last week as last week we looked for EURUSD to move within a 1.2700-1.3124 range whereas the actual range last week was 1.2734-1.3027. The rise from the June 2010 low of 1.1876 remains active as ONLY a daily open and close below 1.2538 will complete the rise […]
18Jul

Week of July 18-23, 2010

EURUSD moved higher last week reaching 1.3006, a few pips above our 1.2998 target as our forcast range for last week was 1.2500-1.2998 while the actual range was 1.2521-1.3006.  Potential for further rise in the week ahead remains with 1.3124 as the next objective while 1.2679 supports.  As to the rise from the June 2010 […]
11Jul

Week of July 11-16, 2010

EURUSD’s corrective rise from the June 7, 2010 low of 1.1876 continues to unfold reaching 1.2721 with potential for further rise in the days ahead targeting 1.2784, 1.2881 and 1.2998 while 1.2398 supports. A daily open and close below 1.2398 will complete the rise from 1.1876 while 1.2721 caps. As to the braod outlook, the […]
05Jul

Week of July 5-9, 2010

EURUSD’s broad outlook remains unchanged as prices have reached 1.1876 on June7, 2010, a few pips below our 1.1881 target. A monthly open and close above 1.3124 will complete the fall from 1.5143 while the June 7,2010 low of 1.1876 holds. As to the medium term fall from the January 2010 high of 1.4579, this […]
20Jun

Week of June 20-25, 2010

EURUSD’s broad and medium term outlook remain unchanged while the rise from the June 7, 2010 low of 1.1876 continues to unfold reaching 1.2467,  as ONLY a 4 hour open and close below 1.2241 will complete the rise from 1.1876 while 1.2467 caps. As to the short term outlook, look for bids ahead of 1.2331 […]

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