Mennzz

Mennzz

Divergence and Fibonacci suggests a bearish move ahead. Watch out and stay alert! :D

Mennzz

After a brief but short lived bullish retracement, it is expected for price to continue downwards toward 1.2202, followed by a considerable bullish rally, all the way up to the October 15th high of around 1.2884. Lots of news ahead, so stay alert and watch out for fake-outs! :D

Mennzz

Evidence shows that we may be entering a decent bullish rally inside a strong descending channel, that if breached can force price to run all the way to 1.31. But for now, a mild rise to just below 1.28 should be expected. Stay alert and watch for news fake-outs. :D

Mennzz

Probably a bearish fake-out to the downside, followed by a massive move up to around 1.307. Watch out for the bearish divergence on the MACD and other indicators which suggest FOMC may turn out to be a bear. Keep an eye out and stay alert! :D

Mennzz

This bearish move down is most likely just a bearish retracement -- leaving further upward room for a second bullish move to the 50% Fibonacci level of around 1.3068 to form. Stay cautious and watch for fake-outs, though. :D

Mennzz

Long-term outlook for the rest of this month and October. Chart says it all. Tread carefully and have fun! :D

Mennzz

The past few months have been dire for the bulls without much of a comeback. A decent retracement should be expected sooner or later -- I think sooner, as heavy divergence has been developing on many different time frames, almost foreshadowing a future bullish move. I'd be on the lookout, although in my opinion, we could see 1 or 2 fake-outs. :D

Mennzz

The bears have kicked A33 for the past 3 months bringing the EURO all the way down to the lower 30s, without much of a retracement. It wouldn't be surprising if the bulls took out a few bears in a hurried backlash, although for the long-term, I am expecting at least 1.30 to be hit before any significant retrace - but we'll see.

Mennzz

We should see the continuation of the long move all the way up to the Fibonacci retracement of the first bearish move, which is around 1.3745. Tread carefully and stay cautious! :D

Mennzz

Could we be starting a new long trend (till at least October)? Just a theory. :D

Mennzz

Bears may be on vacation for the rest of August as the bulls push higher to the 50% fib of July's PA, which could quickly be followed by a minor retracement to 1.3408 and a possible bullish continuation all the way up to around 1.3700 after that. Tread carefully and stay alert! :D

Mennzz

New bullish move should start around 1.3368 all the way up to around 1.3574, followed by another leg down to 1.322, with a small correction after that. Trade carefully and stay cautious! :D (Note: this outlook is based on an experiment and may not be accurate.)

Mennzz

Further upside with a bearish retracement beginning around 102.52, followed by a harmonic move from 101.62 and finishing around 103.08. Be alert and stay cautious! :D

Mennzz

Even though this is a bit extreme, watch for a possibility of UJ sliding straight down from 101.80 to around 97.24. Tread carefully and watch out! :D

Mennzz

Price could go down to around 1.3550, followed by a bullish move up to around 1.3745 by mid August. Tread carefully and stay cautious! :D

Mennzz

For the long-term, bears could be in town all the way down to around 0.82, followed by a full retracement to around 0.8734. Tread carefully and stay cautious! :D

Mennzz

Moderate unbiased outlook says that after a roller-coaster day on Monday (14th), we should see a nice bearish move all the way down to 1.3493 (or even further to 1.332), followed by another bullish move up to around 1.3790 and possibly even 1.4040. Stay cautious and tread carefully! :D

Mennzz

Could this be the start of the massive bearish downtrend (and economic recession) many people have been talking about? Well, bearish signals are all over indices such as the Dow Jones with oscillators showing loads of bearish divergences, as well as bearish geometrical patterns suggesting we are about to trigger something tall, strong, and potentially scary... THE...