The Club!

ups, sorry, the 1.1020 should read 1.0620


1.0620 red channel

1.025 green channel as well as small downsloping black channel

http://www.zerohedge.com/sites/defau.../picture-5.jpg
The One Chart You Need To Predict The Future

http://www.zerohedge.com/sites/defau.../picture-5.jpg
Ukraine, Neocons And Neonazis

Since 2010, the trend in manufacturing jobs has barely changed... Read more: http://bit.ly/1FWMOPE

http://www.zerohedge.com/sites/defau.../picture-5.jpg
Did The BLS Again Forget To Count The Tens Of Thousands Of Energy Job Losses?

http://www.zerohedge.com/sites/defau.../picture-5.jpg
Why No Wage Increases: More Than Half Of Jobs Added In February Were Lowest-Quality, Lowest-Paying

Gold at key-support now

that already like more ... the MID == 09 to 03 ...
okay thank you..

Sentiment data suggest, that we may go down further:

from Thursday: FXCM

http://www.dailyfx.com/technical_analysis/sentiment



from yesterday: Oanda





It seems, that as long as the bulls have not given up completely, chances are high that we will drop further

Sentiment Index on Wednesday showed that only 7% of EURUSD bulls were left. That shows extreme fear.



The Sentiment Rating from Invest Up also shows extreme fear http://investup.com/index.php/sentim...icators/se-eur

This assessment is from 02.27.2015, so things may have changed a bit meantime

Daneric on UDX




http://danericselliottwaves.blogspot...liott+Waves%29

http://www.mcoscillator.com/images/s...15-300x164.gif
It is widely believed among economists and currency analysts that currency values follow the relative interest rates. We are told, “Money goes where it is treated best”, and so the currency which offers the best interest rate will attract the most capital.
But that does not really explain what has been happening over the past year. The US Federal Reserve has kept short term interest rates near zero, and just about every other central bank around the world has done the same. But the US... Read More

snipset:

This week’s chart helps to explain that relationship better. The plot of the effective Fed Funds rate is shifted forward by 3 years to reveal that the Dollar Index tends to follow in the same footsteps 3 years later. So yes, interest rates matter, but not for 3 years.


Either the Fed is stomping on the useful message from the bond market by engaging in price-fixing of the cost of money, or else the Dollar Index has no business being way up here.
My inclination is toward the latter hypothesis. The US economy is supposedly great, and worthy of a high currency valuation. But real employment numbers (not the massaged government ones) are not that great. And the falling oil prices will hurt the portion of US GDP related to oil production, whereas western Europe stands mostly to benefit from lower crude oil prices with no downside since the countries of western Europe hardly produce any oil. So this excursion off track by the US Dollar Index is likely going to have to get given back.
At the point when the Fed finally does start to raise rates, then we can start the 3-year clock for a real rise in the dollar.

Another sentiment picture regarding EU from AnimusX

EU currencies forecast poll

BoA thinks a jump to 1.16 in 1 month? Wow. What base does the Euro have to gain like that?

Quite a few expecting the push back to 1.10 too.

Interesting, thank you!

soon to be there

http://www.monterosa-ski.com/phpwebcam/webcam?wid=4

EU

chance higher for continuation of drop

Gold

Chance high for continuation of drop

chance high for sideways to up