EURUSD Weekly Outlook: Why Top Tier Data But No Breakouts, & What’s Missing?

Long post but easy to skim, and consistently the most comprehensive weekly preview, wish he’d cover other pairs too. How about it, Cliff?

update on short term EURUSD support in short term: http://www.efxnews.com/story/24064/why-eueusd-refuses-fall-look-deutsche-bank

thx. As time permits, will try

If Ukraine escalates... all bets are off. There is no mention of this, why?

Why the stock index charts?

mentioned this 2x in sections on:

European Stocks Attract Buyers Despite Continued Weak Earnings, Downward Revisions - contains link to location for coming piece on lessons for the coming week and alludes to details on Ukraine


EU Stress Test Not To Be So Rigorous After All --this one has link to where to find coming special report on latest Pain In Ukraine, a follow up piece on this one
"Fools Russian" http://www.fxempire.com/news/special-feature/fools-russian-1-chart-shows-why-russia-tension-related-selloffs-a-buying-opportunity/

Neither central bank changing policy anytime soon, so don’t see why the pair should breakout either up or down any time soon, right?

I tried to read the article (really hard) but in the end could not read a line of it and so do not know how it was concluded. But I am saddened by the practice still retained in most of forex analysis of voluminous prose + charts that end up proving nothing because it is after all an if this then that analysis.

There are other far shorter formats based as it were on chaos and fractal geometry with direct predictions for the period. While I clearly will not be allowed to show an example here (and certainly that would be pointless) by such means we have it that:

a) The euro is currently capped by 1.38888

and we expect prices to become downfalling in the periods ahead (short-term) with an objective of

b) 1.37000 starting Sunday open.

c) Longer-term the euro is in an uprising and should trade to bring in the 1.40 handle in due time. Therefore because it is in an uprising by definition we hold that in MN the unit is only in a step range for a pivot low (dip) to trigger continuation North.

A call is an invitation to treat not an offer The Crow

"I tried to read the article (really hard) but in the end could not read a line of it and so do not know how it was concluded."


Huh? technical issue? seems not, as you then refer to voluminous prose.
Often the evidence is NOT conclusive. Rather than force our views on inconclusive evidence, we opt for presenting what evidence exists, trying to draw objective conclusions implied if they exist.

Technical analysis without consideration of fundamentals risks flawed analysis and at worst some rather silly conclusions.

Sorry if post runs long. We assume those reading want the full range of relevant evidence. Happily, for those who like their reality simplified at risk of missing, well, the reality, most content sites are full of very simple short articles - they cost less. If you find them useful, then stick with those.

That said, we could always cut down, but we prefer to err on the side of details and even repetition if a point is important.

If its too complicated, here is the summary at the end… very clear and simple…..(Good article)….

Both the technical and fundamental picture remains inconclusive for the coming week, suggesting more range bound trade within the bounds of the past 12 weeks. That means the pair likely stays within the 1.3934 – 1.376 area.

What could bring a breakout? A surprise from either Yellin’s testimony or the ECB rate statement that shifts market expectations on their comparative policies and rates.

If its too complicated, here is the summary at the end… very clear and simple…..(Good article)….

thx, good idea.