EUR

EURUSD will eventually reach parity but not before this bull trap is completed. I do see the built up of a big bull trap in stocks and in EUR as well. The first slaughter of bulls will happen in July then we'll see a big recovery and then wait for the fall...what I do not believe in and never did is
chart astrology. It is all orchestrated. Btw there is a well researched book about GS by Lisa Endlich....and gold...hum I own some physical gold, bullions, and gold loonies. But think clearly..
all fightings of deflation must end up in super deflation what is the value of gold then if there is nothing to buy? Gold is first of all cash, not an asset.

catnip...

I'm kinda new at this,but why do you not believe Ashraf that eur will go to 1.16

A month ago he said sit back and relax it's going down,so I lock in now losing big time.

Any reason why you didn't lock in or did you take the loss when it was going up.

He said the same back in late Feb with gold and it did not go down it went up.

So in these situations any words of wisdom for a beginner?

Should eurusd break above 1245 one has to expect short coverage . I don't think that will happen tomorrow but long term - until end of june - eurusd can reach 127.

FRANCE SARKOZY: Stress tests will take place throughout EU, and will "announce results on stress tests."

D1 Chart - EUR/JPY has resumed down trend. Looking forward for EUR/JPY hit new low of 108.00.