It looks like another flag is forming to set up for a third leg down to 1.37

EURUSD

The Fed seemed to know that weather played a big part in the recent numbers. I have to believe they had today´s numbers at yesterday´s meeting. I would expect solid numbers today, especially the Philly Fed...

EURUSD

Support 2 level is giving way. 1.37 is Support 3 and Monthly pivot. A rebound may come there.

EURUSD

It looks like a Head and Shoulders is being built in UsdJpy. If Broken, a drop to at least 96.50 should ensue. A drop in the S&P maybe due to Ukraine tensions may be the trigger.

EURUSD

I agree with everything you said except I don´t think China will liquidate US bonds. It would be suicidal. Besides, I think China wants a lower CNY. There could be political pressure from the US as it drops, but no real steps taken to counter it. ...

EURUSD

In my view, a fundamental change has begun where the USD is king again and the rest will follow as best they can. This change in the dollar should be pervasive and continue throughout this year and next if the US numbers show strength. If that is ...

EURUSD

Hi PT, In what time period does your analysis indicate that the Kiwi will reach the .80 level? Thanks.

EurAnalysis

If 1.3900 doesn´t hold, watch out below.

EURUSD

My target for UsdChf is .8940

EURUSD

So where does Draghi think EurUsd should be? The answer may be hidden in his statement: The strengthening of the effective euro exchange over the past one and a half years has certainly had a significant impact on our low rate of inflation, and, ...

EURUSD

Excellent summary...

EURUSD

Another example: Check the Kiwi in the 2008 collapse. It topped on 03/2008 and began to drop fast. EurUsd topped three months later and then dropped, so you had plenty of advance notice to get ready with your shorts. This advance notice works ...

EURUSD

Another little tip. When you are expecting a level to hold on a major pair like EurUsd, look at important levels on smaller pairs. Normally, you will begin to see these fail before the big pairs do, simply because less volume is needed to make them ...

EURUSD

In case you haven´t noticed, EurUsd has retraced almost exactly a 61.8% Fib from the 04/2011 to 07/2012 drop. That is the Golden Retracement and it is an important level to hold on the upside.

EURUSD

Thanks. That is the strategy I followed since 10/2012 with UsdJpy with excellent results. I see the probable collapse of EurUsd in the next few months. I may be wrong, but I really believe in it based on fundamental and technical reasons. Again, the ...

EURUSD

I first would like to see today´s technically important close under 1.3820. I have no idea how it will open on Monday, but there is good visibility to what will happen in the next few months. The key is to slowly build a milipede of shorts and ...

EURUSD

What doesn´t happen in a hundred years, happens in one day... The US dollar should soon take off, and when it happens, it will be totally one sided, coupled finally with the realization that the Euro, like Draghi´s OMT program is pure smoke and ...

EURUSD

Yes. The milipede solution... That is the way to play this..,. Medium term for a large fall in the coming months. It is impossible to call the top, especially with Draghi working with the bulls.

EURUSD

The German Market doesn´t believe Draghi´s inflation figures. Look at German PPI this morning... Look at UK´s consumer inflation expectations drop this morning. The EU is trapped in a deflationary cycle, no matter what Draghi says... When the market ...

EURUSD

Exactly...

EURUSD