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  • EURUSD Weekly Outlook: And Now, The Storm After The Calm

    From fxempire.com

    Summary Technical Outlook: Near term (daily chart) bearish, longer term (weekly chart) neutral. See conclusions for likely range and bullish/bearish breakout points this week. Fundamental Outlook: Neutral Near Term, Bearish Longer Term – see conclusions for why Retail Trader Positioning: Recent shift to more long positions has bearish implications Conclusions: More volatility, but in which direction? The fundamentals to watch for the near and long term, along with likely support and resistance levels. How Did We Do Last Week? Spot On Last week’s EURUSD forecast was neutral from both a technical and fundamental ... (full story)

No stellar insights this time, but as always, this post saves me a lot of time sorting through a lot of info and charts. Keep it up.
Quoting Yali Lev
No stellar insights this time, but as always, this post saves me a lot of time sorting through a lot of info and charts. Keep it up.
Agreed, a methodical approach and a lot of fundamental evidence appears to have been sifted out and distilled for us
Yes; wrote to fxempire a couple of weeks ago asking that their small maps (chart illustrations) be made enlargeable. this week, as I begin to read, lo and behold one large map so far.... thank you....
Quoting Yali Lev
No stellar insights this time, but as always, this post saves me a lot of time sorting through a lot of info and charts. Keep it up.
The deep insight muse doesn't always hit. For insight, here's a good article from zerohedge: http://www.zerohedge.com/news/2014-03-29/citi-why-does-euro-refuse-go-lower - compares past EURUSD performance and conditions to present, concludes EUR due for significant pullback

The article also briefly mentions EU banking union failure. Markets seem calm on this, don't see why. If EU can't pull that off, (never mind bigger steps to unification, what's future of EU? Heck, how long can they keep deferring crises by lending borrowed funds to those who can't repay (or relabeling defaults as voluntary and thus not defaults?!)
Latest version of banking union pact more of the same "too little, too late" see for details: http://www.fxempire.com/news/special-feature/eu-banking-pact-version-2-0-eus-latest-nail-in-its-own-coffin/

still an under-reported story overall, though FT.com has done a good job with it
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  • Posted: Mar 29, 2014 7:48pm
  • Submitted by:
     Cliff Wachtel
    Category: Fundamental Analysis
    Comments: 4  /  Views: 3,329