Not yet, like I said 1.586 is keypoint imo...Tokyo selling off now..if we head north after 9am (GMT) Tokyo close and it holds above 1.586..I will join the Long club...for now...I'm still short...

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Good morning all....Love it when a plan comes together...

EURUSD

I'm a big Bear who's gonna get a few hours sleep now...might wake up as a raging Bull when London opens.... If 1.593 breaks...I might be tempted to go long..still short ..with some short sleep ahead...

EURUSD

I agree, I dont forecast anything more than 1 to max 4h Based upon my current 1H & 4H charts..1.586 is keypoint... Downside: if current support at 1.589 breaks..1.586 breaks...then next target is 1.576 Upside: if 1.589 holds....next target 1.595..if ...

EURUSD

1H LTD (Lower Trendline) 1.5973 was broken, target 1.5892 was reached 4H LTD 1.586 needs to break for a 1.572 target 4H UTD (Upper Trendline) 1.5946 needs to break for a 1.6+ target

EURUSD

I totally agree CTGUY, just saying that in this case I believe the fundamentals, considering the impact last Friday, could overrule the technicals. Good economic news for USD been ignored on Friday, Fannie - Freddie caused bit of a panic reaction ...

EURUSD

This can be a classic case of fundamentals overruling technicals.. Fannie-Freddie had a major impact on the DJ..with the USD already under pressure from Iran and Oil...if tensions weaken, oil drops and DJ climbs up...EUR will drop further imo...

EURUSD

U.S. takes bold steps to back mortgage giants — Down we go EUR.... Reuters - 36 minutes ago url

EURUSD