Entrenched

Entrenched

Just a thought...

Entrenched

This is just a quick mark up, I'll take a closer look over the weekend, but it looks like eu has some downside potential. I think it may hit 1.1480s .. for today im thinking some upside to 1670ish, then a big down move for the u.s session. Im thinking 1.1580ish would be an extreme low possibility. But iat least 1.1600.. just an idea. Not trading advice. But again...

Entrenched

I believe eu is bouncing off a demand zone and may move towards 1.1940ish. I think last weeks NFP miss will play a factorthis week. The Spain issue seems to be calming down a bit so that should be somewhat positive for the eu.. there's been some talk NK may launch another missle or test a bomb, i think that carries the biggest upside risk for eu, i think any...

Entrenched

I think the market will dip on soft german data then spike for draghi in anticipation of a positive outlook towards tapering then fade on uncertainty as to the timing of potential tapering. If the week closes near 1.1450ish jt would suggest bearish pressure on a higher time frame and may create what is known as a shooting star weekly bar. This ks only an udea and...

Entrenched

Eu broke some key leve S to the upside which suggest alot more upside potential but i beleive eu inflation data due next week may send eu into a correction. Abobe 1.1560 and the idea is invslid. Not trading advice just my point of view... in my trade im considering fu damentals as well

Entrenched

The usd is clearly in a corrective phase, but fundamentaly the usd is in better shape than the euro. When comparing both monetary policies, they are moving polar opposite, the ecb will continue to ease while the fed is projecting to continue tightening which is positive for e dollar.what seems to be holdingthe dollar back is the uncertainty behind trumps fiscal...

Entrenched

The first obstacle will be breaking thru the 1.1250 area. There are sellers waiting at the 1300 level as well from there we may bounce off slightly before continuing up. Important fundamental data to watch this week will be 1. U.S ISM and PMI surveys this week 2. NFP report 3 Fed speakers, Lacker, Evans, Kashkari, Fischer Master, Brainard, and George are all...