Longer Terms positions

You say the trend is south in EUR/USD. Greenspan said he feels the dollar will fall over the next few years, and I would think that would be especially true vs. the euro. Don't get me wrong, 18 looks possible, maybe even 16. But you have to consider what Greenspan said.
 
1.4 EUR/USD Maybe
I did another weekly chart for the euro

If any sees that a up trend...
Man I don't know...at 90% of 3 period SMA TOPS and bootm
so 3 weeks sma at 90% is now at 1.4
It will take a mircle for it go above that
Greenie is on a very very Long term ---> maybe 50 years
So...I got max of 20 - 30 to live...
Time frame ...here
Bull Look the chart at Link (Last)
then use the weekly normal chart without any TA
..it's south ...
 
I can see where you are coming from. The weekly is somewhat indicative of a downtrend, but if you pull up a monthly then you can really see some reason as to why this may fall a lot. It's a matter of waiting for it to top out and tell you it's ready to move downward.
 
Quote from redbull13:

I can see where you are coming from. The weekly is somewhat indicative of a downtrend, but if you pull up a monthly then you can really see some reason as to why this may fall a lot. It's a matter of waiting for it to top out and tell you it's ready to move downward.
More...

most of the currecies have a 7 year up trend / Down trend
as avg

maybe less for usd/chf
I think the usd/jpy is generally upwards for a while
Maybe greenie is into USD/CAD
they are IMO just doing the cycles...Cad takes longer IMO
 
I think greenie means the support at 1.16 1.18 to 1.39 for eur/usd
to start at late nov next year
at the link in email with weekly...
so maybe cause greenie is more strategy...It does not say otherwise
What Do U say?
 
I say Mr. Greenspan, and no one for that matter, can get in the way of market forces. With that being said, I agree that over some time EUR/USD will find it's way to the 1.16 area. However if it does make its way to 1.40 then I would change my long-term short target to 1.1850-19.
 
Quote from redbull13:

Looking to buy USD/CAD after (if) it dips. Looking to sell EUR/AUD. Thoughts?
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USD/CAD
Might be OK at 1.1460 for 1.1560 area
AUD/CAD 0.9030 Target 0.9100 (With care)..Seems wants to colapse
Gl Bull
 
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