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EURo short term move

The EUR/USD is Bearish however it may be moving towards 1.20 - 1.27.
The EUR/USD hereby could rise because of the benefits resulting from close attention to a formed double bottom and a up-side down head and shoulder pattern which suggests a possible move to 1.25.
Should the EUR/USD rise above the neckline past 1.14 it may be that it could further move to 1.25 - 1.27. That concludes my views, and in my opinions.
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EUR/USD

The EUR/USD is Bearish and it may be moving towards 1.37 - 1.35. The July 2008 high and May 2011 high downtrend resistance (trendline) have been tested and not breached therefore look for a further decline of the EUR/USD to lows of october 2008 (1.23).
Should the instrument fail to be supported at the 1.23, expect a move downwards towards 1.16-1.10 or lower (long term 18 months +).
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dada123 26 sep

It's been 15 months since the EUR/USD forecasted a move towards 1.25 (currently at 1.2678 low):

''The benefits resulting from close attention to a formed Complex head and shoulder pattern suggests a possible move to 1.25.''

Next stop is to '' look for a further decline of the EUR/USD to lows of october 2008 (1.23).''

and if the October 2008 does not hold,  the EUR/USD ''could move to 1.18 or further lower to 1.00 - 0.90.''

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EUR/USD will it reach 1.18? Impossible!

I EUR/USD hereby imply with ease that I could weaken drastically, therefore I EUR/USD hereby allocate my views and opinions on this subject of some importance to the dear reader.The benefits resulting from close attention to a formed Complex head and shoulder pattern suggests a possible move to 1.25. Should I the fatigued EUR/USD move to 1.18 and fail to be supported, I can quietly and alarmingly say, that I, EUR/USD, could further move to 1.00 - 0.90.That concludes my views, and in my opinions.…
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Victor avatar
Victor 16 juin

perhaps you are right. But euro has to fall down drastically for this. By the way your weekly chart is not uptodate..

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dada123 16 juin

Thank you Victor

Daytrader21 avatar
Daytrader21 7 juillet

On this one we are on the same page as probably you already have seen my own forecast like you I'm expecting to see eurusd at parity in coming years

dada123 avatar
dada123 26 sep

It's been 15 months since the EUR/USD forecasted a move towards 1.25 (currently at 1.2678 low):

''The benefits resulting from close attention to a formed Complex head and shoulder pattern suggests a possible move to 1.25.''

and that means that EUR/USD could move to 1.18 or further lower to 1.00 - 0.90.''

dada123 avatar
dada123 5 jan

06/2013 i though it would be impossible but almost 2 years on the ''EUR/USD will it reach 1.18? Impossible!'' prediction was spot on. It was a bumpy road (Marios unmaterialised pullbacks) however the main prediction was a beasrish  ''EURO'' .  Will the instrument move lower to 1.00 or pull back to 1.27? The Euro will pull back to 1.27- 1.30 if these areas stop the uptrend look for a further depreciation of the Euro

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