EUR

ya thats right subio lets deal with short term levels wayy to much volitility to be looking too far out:) gl/gt :)

welcome, BOT! :)

i dont think cat have inside info, but he do have first hand "feeling".

btw, we want bot cat come back ASAP, not the nonsense patterned cat. :(

yes chloe....

it's not Euro strength as CAT always voices out.... agree....
for me it's broad-based USD weakness that you can easily see on the USDx chart....
it's been pointing down for quite sometime(check out the longer term chart and the downtrend is intact)... and don't see any signs(yet) of reversing....
haven't changed my view... see it targetting 70.0~70.50 initially then 67 by Q2 next year.....
this will propel Euro to 1.54 level initially... then above 1.60.....

technically... if Euro breks above 1.5144... it would mean resumption of uptrend....
but first things first.... watching 1.4700.... then 1.5144.... to the upide....
to the downside.... 1.4055.... and much further down... only break of 1.2873 would confirm resumption of downtrend...

yes digi... very true...
but technicals give you the current direction and target... while fundamental range is too big that it can point up and down given the different timeframe...
gives you all the info you need whether to short or long and in many cases do both... :)

i'm not an EWaiver or use FIBO... or use any kind of tools or indicators....
just keep it simple and respect the current/latest trend...(doesn't mean i overlook the bigger trend)...
just repsect and stay true to the trend and you'll end up better than OK....