not sure but if it is going down it is forming a HS most likely like I was talking about ealier but it might be a dislocated shoulder if it breaks down before US close. lol

EurAnalysis

PA is hanging on the TL for long support twice. Come on!

EurAnalysis

yep

EurAnalysis

They have but not at the scale of the BOJ or the Fed. You don't have to print money to devalue a currency or cause major issue from a monetary standpoint. Taking junk bonds and all that mess is a aspect of QE by the ECB as you know.

EurAnalysis

Oh I thnk they will control it for their benefit overall. Not necessarily the US's benefit. Inflation though is a variable to other values like the USD vs the EUR and others. I would agree if others did not try to tank their currency as well but ...

EurAnalysis

I agree BUT I don't see their goal as what is good for the US but for the NWO and bring even MORE of a one currency situation. They create the crisis. Point fingers and then go uhhhh well these other situations caused this instead of them. The FED ...

EurAnalysis

any thoughts on Mr. BS? Triangle long support of 75 and trendline in view and US OPEN.

EurAnalysis

when I said markets I meant currency. It is on technicals but it still tends to make the market say screw the techs more than normal when bias is out of control. Been good the last few weeks but sometimes it makes the market have a mind of it's own.

EurAnalysis

I hope it drops through the floor. Market is nicely set for a short.

EurAnalysis

Yep but when you have two markets hell bent on out BSing the other with "unlimited money printing." It messes with my trading as I am very short term. You might not think it messes with it but it does. Makes what you expect reverse.

EurAnalysis

Yes very true BUT as you know the revised view of currency now is based on CB intervention and whatever fancy idea they can BS everyone to look at and doing whatever it wants to allegedly "fix" it. So though it maybe below US. How does the market ...

EurAnalysis

I see it as a much larger HS. the other shoulder "might" be a little broken. HAHA head and dislocated shoulder pattern. LOL The US market PA is the head. The retrace from london high would be the shoulder. Might call it the Batman head and ...

EurAnalysis

Totally agree. I jsut want a drop to 2.8 or more for now....

EurAnalysis

previous 900 combination resistance and trendline broke for shorting. Now for 900 resistance. Total up trendline at 1.2882 currently.

EurAnalysis

The market has clearly IMO created a LH. Longs better watch out. It may go back up but a Head shoulders are very possible for a reverse. 3 in a short wave pattern, 9M with crossover diverg and 27M are high and clearly diverg. You can use 10M and 30 ...

EurAnalysis

possible head and shoulders pattern. 900 and 75 break for a quick drop are key if it setups for a retest.

EurAnalysis

yep... quite a bit BUT the more a price gets run over like 90 the less resistance or support it becomes. The 1 has to come up a bit and fail to create proper wave action to break long support. 3M is diverg. So the 1M has to come up a little.

EurAnalysis

breaks 75 it will be a fast down IMO.

EurAnalysis

Yep... Market just needs a reason to retest whether the month or week will be long or not. That news breaking months of bad just gave it a HUGE reason.

EurAnalysis

Price break of news and 1.29 See if it stays. Around 80 is the US open. Currently trendline and 1.2900 are very close.

EurAnalysis