This is an educational purpose NOT for trade

We'll see which way that it'll thrust out.

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Looks like OBV is showing breaking down but not for sure. Both can happen.

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Thank you for your likes!

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So far so good. OBV doesn't show up strong volume could be because of summer vacation. I've found 2 days attacking which was happened 11-12 August but they failed for now.

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Today I looked at 1971-2030 cycles of Mark- Euro in monthly chart. I have to admit that Euro cycle is very bullish from long term view. We could see strong move up and quickly pullback in 2016 the target is above 1.2000. I'm also considering that if it goes to 1.0000 in 2017 but now we're testing somewhere can invalidate 1.0000 and after that Euro could go to higher.So don't be surprised by then.

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Boring ......
Truth is boring. Denis.Y.Y

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Targets adjusted.

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ECB ahead, a lot of noises in the market. I could trade the big event but It's a very complex way which is called hedging. So I just use ECB to predict FRB rates hike likes Dec. 2015. I'll trade it later after everything calms down.

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Hold the door! As Holdoor did! from TV series game of thrones.
Hold your longs, we could get renminbi devaluation this week.
Happy mid-auguest festival!

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If we have USDCNY breaking out we'll have about 700 pips runing up in 2-3 weeks which could take this pair to ideal shorting price 1.1833- 1.1900.

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update targets, big range expected.

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Sorry, too much tea ......

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If renminbi moves rapidly and will be pegged with USdollar then we'll get this chart.

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We had 0.8% inflation rate from last year's hike. Now we have 1.1%, it's very interesting to see those excuses from Yellen if there is no rates hike.
Today's BOJ should be boring, they will wait for FRB's moving and will do it tomorrow or will do nothing as no hike.

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Attention! Renminbi launching window 0310- 0710. If it happens this pair will have 800 pips in 2 weeks and pull back to 1.1111 level. Euro cross pairs opportunities.

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There're tree board members talked about overheat and they all denied it. Yellen didn't think we're at overheat that means dollar isn't high enough for the second hike. Why the market isn't at overheat it's because renminbi isn't low enough for stabling USDCNY. There're huge risks that FRB delays hike when the market crashing down. Renminbi will accelerate for all good after some pains.

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Gold is crashing and indexes will follow soon. Rumors are spreading from ECB and being denied. I think FRB is panic for their delaying rates hike. Be careful its launching soon.

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Key moment from ECB this week but we have US election result next month. Future markets often chose president before the final result. Let's see who's gonna win. I prefer buying this pair but we could have an impulse in Dec. 2016. It's very late.

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1.08255 stop below is proved the key level for long this pair. Watch out the OBV volume crossing to confirm the breakout and we don't think 2016 will rise because Trump wins will change the FRB policy and reform the FRB even could replace Yellen too. There're too many risks in the future. If you guys know what I mean.

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OBV is showing us an ABYSS!

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The OBV is showing a good sign of increasing. Also a truncation is confirmed.

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Case closure.
Target has been limited by EURUSD implied volatility.
Merry Christmas and happy new year!
We wish investors have good luck!