If you are right, then this short term pop in EURCHF will run out and the Euro can tank as it should with the news out today.

EurAnalysis

Unless you have great sources, and you might , AA reports tonight after the bell. Expectations are for a miss and almost every analyst has lowered earnings calls over the past week or two, and expectations are for weak guideance.

EurAnalysis

Still EURCHF — EURCHF still off to the races supporting the Euro as CHF off against all currencies. It is acting as a big part of the support for the Euro as everything else on the planet says south and risk on.

EurAnalysis

What are the Swiss up to? — Why is EURCHF taking off? Are the Swiss central bankers at work again? It is being supportive of the Euro all the way on this down move.

EurAnalysis

I am also interested in all the feel good stories — Today is nothing but happy press that I can find anywhere. Possible increases in US GDP growth? Where is that coming from? September simply could not have been kind to the banks, but they are ...

EurAnalysis

Something more is going on here — This run away bull train to the upside on EURUSD is not making much sense, at this point it looks to be approaching the tops of all technical areas, resistance is there, but no one is selling. Following the ...

EurAnalysis

Heck of a ride — Today has been a whole lot of stuff, and it is rewarding to get something right after a couple rough days. I think this weekend has to much going on to leave much on when we haven't made it to the 1.335 level to validate ...

EurAnalysis

Interesting analysis. Have to think that one over for a bit. The monthly candle for October is basically no where, meaning that perhaps the initial injection was nothing more than enough to stop the trend. Uncle Ben has a lot of politicians gunning ...

EurAnalysis

Yes, that was this weeks lesson hard learned. Which is why a 5% move wasn't enough like it was in stocks, going to have to revise broader percentages with smaller increments. I might need to look at 7 to 10 entry points instead of just 4 like I do ...

EurAnalysis

Gold and Silver — My Father has been all over me about investing in silver, saying that because it used to be 40, and is now around 30 or lower, buy and it will go up. So I have been looking at it, and I bought AGQ, the ultra etf that doubles ...

EurAnalysis

If we fail to hit that level by the end of today, is that considered bullish and that this is just a short term reaction to news on the way to a full correction up to 1.38 or so? Or would you look for it to gap further over the weekend? By the way, ...

EurAnalysis

My technical analysis not so good — THAR SHE BLOWS!!!! Thank you Fitch. So far my macro is right, got in at 1.351 on the short, how far on a technical basis would the more seasoned chartists say this has to run on the downside? To me it looks ...

EurAnalysis

In general, I like my system, and am fairly happy with it — I have been pissing around with it for 2 years or so, but not seriously until recently. I feel my systems can be successful in any market, particularly a sideways market, but I have ...

EurAnalysis

PS are there such a thing as the Forex gods? — Quick question. Last week I was a genius pulling in a 300% profit. Over the week and into the weekend I opened up my big trap of a mouth to potentially indicate that I had this currency thing ...

EurAnalysis

I hate correction rally's — I think this is a bit like yesterday, not that I have been right about much. Yesterday the ECB announcement the Euro initially went down, then bounced a couple times, then rallied. I am of the opinion that today ...

EurAnalysis

Even more baked in — When even a .25% rate cut didn't come, looks like the market is bullish on it, at least short term. Bounced hard off S1 and is rolling back above the pivot. Sell the rumor, buy the news apparently. No news was good news ...

EurAnalysis

Seems the cake was baked — This looks like a bunch of short positions unwinding when they didn't get a rate cut pushing things temporarily higher. Seems to be bouncing off S1 support at 1.327.

EurAnalysis

A couple possible exceptions — While Fed action isn't likely going into this, there will be bumps, such as an American Airlines bankruptcy, and the large numbers of pending layoff mentioned in today's private sector jobs report. But can you ...

EurAnalysis

From a macroview, we are heading into the US Christmas season, the only numbers likely to be tremendously weak are retail sales, not unemployment. I would not expect any further fed action until January/February time frame as even Bennie knows ...

EurAnalysis

Of course, my sentiment has been negative on the Euro and I still cannot envision any news that ultimately helps the currency for the next 3 months. I put on a small position at 1.33038, slightly under water, plan to go to a second larger position ...

EurAnalysis