EUR

clear break of 1.2000 would likely mean it's headed below 1.1875 already... but if 1.2000 holds... could see some substantial bounce from there....

Bigger picture suggests that it will be heading below 1.1875... but 1.1638 is the most important support... break of 1.1638 would likely mean breakdown to 1.10/1.11 level initially then toward parity..

the only question is... how much bounce do we get b4 the breakdown...

gl/gt

Paradoxical Quote of The Day From Ben Stein:

"Fathom the hypocrisy of a government that requires every citizen to prove they are insured...
but not everyone must prove they are a citizen."

Add to this that, many of those who refuse or are unable to prove they are citizens, will receive
free insurance paid for by those who are.

that be us here....gold medal in stupid!!

looks to be headed higher toward 2570/2600 level at least... but needs to break 2403 for confirmation...
in any case it would penetrate above 2743... 2900/50 could be the initial target with 3300/3350 as possibility...
as long as no weekly close above 2600 level.... see it moving lower in coming weeks to challenge 1.2000 final support level...

Don Corleone Draghi did it.... Italian bond yields way down german bund yields way up... although hardly many EUR short positions left, thus no short squeeze, EURUSD will reach 1,27 at last by end of august. Draghi's and Dr.Ben's very clever put Merkel in a box she cannot escape without big pay.
If Weidmann yields to bond buying by ESM with bank license EURUSD mucho higher. Wait and see.
It is a perfect opportunity for big shorts then. But not in August.

omg...printer on anyway...