The Euro has been going up since the beginning of this year. It seems like nothing could stop its ascend especially now that the US Dollar keeps getting weaker and weaker. I say it’s time for major correction.
If EURUSD reaches 1.5025 / 1.5070 this week, that would complete the AB=CD pattern in the 4-hour timeframe, [...]

We seem to be coming closer and closer to re-testing previous lows on all major pairs. Lets take a long term view of the charts and see where the price might go if we do break recent lows.
EUR/USD
The EuroDollar downtrend  has unfortunately broken all long-term trend lines. Thus, a better way to see where it [...]

Another volatile week in the currency markets and as you know (unless you are living inside a cave ), Mr Ben and BOJ trimmed their respective interest rates. Will we see continued upside on carry trades or is this just a prelude to lower lows? Frankly speaking I’m still bearish on where carry trade currencies [...]

For now it should have been known to you that the US Dollar performed its ultimate 2-day super jerk-off ever against its major counterpart (the Swiss, Euro, Pound, Au Dollar, NZ Dollar, Looney, Mickey Mouse Money etc). So where do we go from here? If there will be more selling and liquidation then we should [...]