EUR

The possibility for a circle bottom in euro aiming 1.38 worked out. Usd index is still hovering here but under 80/79.80 will finished a circle top as well.
Technical analysis and price action on candle sticks give good indication at the current market. One can only will if throw the bias as forget the previous trend and just follow the current one especially for short-term traders. 1.3850 is the next target for euro. Aud and Cad is so strong and Cad under 1.02 means a lot and acting as a ceiling now. 91.50 for usd/jpy. Yes. Gold is not clear and will be consolidation will continue but I see 1080 will be good to buy again. No intension to guide the others but just some opinion for reference.

said - i do not follow those guys. what i am saying here is simply that MS issued a report suggesting EUR buy to their clients. so i suppose short terms eur move would be very volatile. does not know much about Cal insurance debt you refer to.

Tanvir - I heard that Morgan Stanley calling for EUR buy recently and I guess that is why EUR has been up so much in London market. Guess what, though, check 4hr EURUSD chart and what does this tell you...

@TANVIR

DONT TRADE ON NEWS; TRY TO BE PROACTIVE IN DETECTING TURNING POINT AND DONT TRADE PRECIPITOUSLY I ALRERADY TOLD;
WHEN U LOSE ON A POSITION DONT JUMP ON ANOTHER TRADE TO RECUPERATE UR MONEY; ALID BACK AND POSITION UR SELF ON THE MAJOR TREND; FOLLOW ASHRAF EXACTLY ON TWITTER HIS CALLS ARE ACCURATE AND U'LL REPLENISH UR FUNDS

All the correlations that USD established are all broken. EUR is the flavor, the reason may be because every one was short and there was no way to make money except to go up. This is no market of fundamentals, this market is gambling, where they see where the money is and how can it be snatched.

That is the only way these big sharks can make money. It will go down, but by that time most of us are all burnt.

This market really needs regulation.