EURUSD in long term bear hug

FX:EURUSD   Euro / U.S. Dollar
300 10
Ten year chart of EURUSD shows two cycle pattern. The bullish market, which started 2002, lasted 6 years. The peak was formed in 2008 when the crisis erupted. If we assume that the bear market would be with the same duration as bullish one the end of this cycle could be dated at the end of 2013 or the beginning of 2014 with target 1.08. Of course such assumption is based on approximation as the strength of the euro strongly depends on the ability of the Euro leaders to manage the situation.
why bullish movement must be equal to bearish? Lets take previous cycle(before 2001) - bullish:bearish was about 2:1 to 3:1, so i exclude this fact from calculations. This myth is busted by your chart - watch your cycles from 2008 - 3rd cycle is too long. often full cycle's length is equal to previous cycle's length, but exceptions and deviations are possible.
CapitalHubs FiftyStars
Bull cycles are not always equal to bear ones. This chart is based on the assumption about timing the Eurozone crysis and change in monetary policy by FED. The FED is expected to start rising rates in 2014.
FiftyStars CapitalHubs
so u think that its only reaason for euro to grow? it really can be just a growth stimulator.. turning of euro may happen earlier and this fact can speedup growth
so they said in Zimbabwe. and now everyone is happy.
Germany should be smarter than that and quit EU. But what do I know.....
CapitalHubs StopPrintinMoney
Germany benefits from cheap euro while expensive deutsche mark will hurt the export.
IMO Euro is doomed, it's just a matter of time before it collapses. I am long EUO
CapitalHubs StopPrintinMoney
Probably, however the cost of Euro collapse is too big for Germany and France. I doubt they will let it happen.
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