Author: NULL

  The USDCAD has corrected to 1.0430 equaul to the downtrend. Typically the third test holds and we could see a swift retracement back to 1.0286 ( 50% retracement and S3). A break north would target the R5 and the .270 fib...

EURUSD has broken out of the uptrend and almost hit our target from yesterday. Looking for the cross to finish the first target @ around the 1.2230 area (support, HSI target, .382 fib retracement). Deeper target is the .500 fib...

The EURUSD took out our top yesterday and has corrected since then.  It is at the decision point – bounce on the trend line and keep the up move in place.  If so, I would expect some consolidation before the move...

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE...

At this juncture, price has tested 1.24 with still an upside resistance at 1.2467 (set 10/27/2008) as a triple top on the Hourly while also forming a head and shoulders. It’s also the end of the week. So, it seems quite...

Still room to go on this up move. Next target is the 1.2456 (.618 fib extension and former top). I think we have enough bulls to get to the .786 fib extension and the .786 fib retracement of the big down move. Looking for...

EURUSD still has momentum entering for the upside and we have a bull flag ( bullish) apparent. Interim target is the -0.270 fib extension at 1.2399 ( may stop there due to even psychological number). Large target to the upside...

EURUSD took out the .500 fib retracement. There is a top at 1.2330 which if respected will complete the left shoulder and the head IF it is a head and shoulders? At any rate looking for sellers to show at the 1.2330 level....

As suggested yesterday that if the cross broke north the target would be the the previous support.  Currently headed right to it (now at 0.8645).  We have further targets at the S6 (0.8779) and the confluence of the...

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! CLICK ON IMAGES TO ENLARGE...