July 23 Japnese yen is getting cheaper on breakout

broke away from the support, will be following the support trend line, this has a lot of pace behind it. Lets see how far this will go.

July 23 target hit on EURUSD dollar euro trade

Our first target is hit + .0180 not yet finished though. Looking for another move based off of financials in the next few days. This could be a good time to sell the dollar for a bounce up to 1.5786.

S&P 500 emini futures trade

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July 22 EUR USD trend line breaching

Watch this short term rally push the Euro around, I bet it is short lived.

Targets of 1.569 and 156. then if we break that and the US markets are still holding up possible 1.55 to .54

We shall see, this is still in a powerful trend.

Feds spigot is still wide open into the market place and getting into the Fannie mae and Freddie Mac will just increase the long term pain to the markets and lower dollar. Expecting a rebound on the Euro soon.

July 22 Ready to Pop USD JPY

In a major congestion area, looks like it is ready to pop. Possibility of testing 108++ we shall see as this rally settles and oil bounces back.

If fed raises intrest rates we could see a quick bounce up to 110.

We shall see. Lending is tightening again as banks see the 4.10 ten year.

Major currencies July 11 Forex

Dollar looses about 1/2 % against most majors and .74% against the yen.

Euro Dollar approaching target highs

Excellent swing entry from 1.57500 as movement was confirmed in most time frames. Big move.

Looking for a little resistance for a day or two then a push up probably off the news of ECB release. Dollar looks like it will be shedding a little more value.




Japan's Nikkei stock average fell 0.21 %. Britain's FTSE 100 fell 2.69 %, Germany's DAX index declined 2.41 %, and France's CAC-40 fell 3.09 %

Euro lost gains after ECB said it will not raise interest rates today

ECB did not raise Interest rates today and the Euro lost the gains it made yesterday when it broke through the upper trend line.

Expecting another attempt on 160.

Euro trashing dollar, new highs coming on

Broke through resistance to the upside target. Can see some big moves if we don't curb the intrest rates.