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analysis: US holiday and early Globex close at noon ct in theory I believe a new uptrend begins today. two interpretations: first, the price drops but closes above the Fri C; second: the price closes down below Fri C and the rally begins tomorrow Draghi testifying tomorrow to EU...

referred to as the EU 'budget', the MFF is the EU Mutiannual Financial Framework the vote on the details of the MFF will be in June the vote on a resolution to either give the consent or not, of the EU Parliament to the MFF recently agreed to in EU Council will take place on Wednesday...

analysis: well the upside may top around 1.34s up to 1.3420 . there's a level at 1.3437 which seems a bit high, but who knows. top in H12 ? then close down ? G20 schedule: http://en.g20russia.ru/information/20130214/781189297.html comment: German/French gdp releases: "Data is prone to early...

analysis: not much to say, I think the price is just going to continue to drift down it could hold around the 1.34 area, but I think it's more likely to drop thru and go on to the 1.3350s; and there's that major 10 day mass of sideways price data back in Jan in a band from 1.3380 down to...

analysis: once again the price could decline from here, but the 60 closed just under the 50 rf, suggesting the level will be passed and the price possibly reaching the 61 around 1.3490s, perhaps hitting the gl if the price were to break thru the gl and continue up it would keep going...

http://fxtrade.oanda.ca/trade-forex/fxtrade/cfd-trading/

analysis: a toughie. don't have much to contribute here as sideways corrections or time fillers are a bugger to interpret the Daily: this session could close up and be the completion of a correction before declining, which I still expect the price to do; and the price, having had an up day...

after watching the 'Wind Rush' documentary last night - http://www.cbc.ca/documentaries/doczone/video.html after a decade !!! I pushed my computer under my desk as far as wires allowed and angled it toward the wall. quite a reduction in the noise the documentary described health problems...

analysis: I expect the price to continue to decline start down H4 ? H8 ? week's possible targets: 1.3270 , breaking a line ~ 1.3195 , extreme of 1.3150 Draghi on Tue 10:30am est. Thur: French, German GDP 1:30/2am est and the ECB Bulletin 4am est, EU Flash GDP 5am est the decline should end...

'Opinion: EU budget sets the wrong priorities ' by DW's Christoph Hasselbach "Now all eyes have turned to the European Parliament. For the first time, the parliament must approve the seven-year budget. And parliamentary President Martin Schulz has made it clear that the legislature will...

'EU leaders agree outlines of 960 billion euro budget' By Charlie Dunmore and Luke Baker BRUSSELS | Fri Feb 8, 2013 7:16am GMT "(Reuters) - European Union leaders agreed the framework of a new long-term budget on Friday after 15 hours of through-the-night negotiation, laying the ground...

'EU summit starts six hours late, as Germany piles on pressure' "But as leaders sat down to eat, a German official briefed press that since the talks are proving "very, very difficult" it is likely there will be no deal at all." http://euobserver.com/political/118994 'David Cameron...

analysis: I'm thinking the downside won't finish until next week based on current lines, the price may break into the 1.32s, whether it does that this session or next week, I'm not sure yesterday's LL was within pipettes of a cf level, bounced of the outer lrc line and is progressing down an...

add updates as you or I find them 'EU budget hangs on creative accounting' By Joshua Chaffin in Brussels, Hugh Carnegy in Paris and Quentin Peel in Berlin Last updated: February 7, 2013 12:28 pm "Mr Van Rompuy’s proposal is expected to weigh in somewhere around €960bn, or 1 per cent...

analysis: there's 2 interpretations of the price formations todate: 1: a base has formed / is forming 2: the price will continue down discussion: # 2 is easy, the price will continue down. feeds into the releases later today, don't know when there'll be an EU Budget announcement, a plunge ...

i've been surprised by the speed of the price moves and how far the price has traveled these last two sessions. the price could break down here again but I'm wondering if it'll go up to 1.3614 - 1.3626 area before turning early or just before the start of the euros session it's also...

analysis: so far while the gl has been touched, the price hasn't dropped to the 50 fibo level ten pips below will the price continue up ? I don't find anything definitive to say yes or no, but for the present at least will go with an up next question is if the price is now going to do a...

'ECB chief Draghi cleared over Group of Thirty role' http://www.publicserviceeurope.com/article/3035/ecb-chief-draghi-cleared-over-group-of-thirty-role http://www.group30.org/ "Established in 1978 The Group of Thirty, established in 1978, is a private, nonprofit, international body...

analysis: I'm not sure how profitable it is to compare the DX with the euro, and by profitable I mean meaningful, but the $ if you follow the chart popped a support level on Friday and closed above it; the formation of a base ? not much in the EU/US announcements this week, ECB on Thur...

analysis: yesterday's high penetrated the higher fibo level but closing below it I expect overall for the price to decline again for the NFP at 8:30am. a low number and rise in the rate ? how low ? drop thru that lower level the price was diddling along ? then Buy since like that GDP number...