EURUSD - Strategic Review - Game Plan This Year - Correlation

FX_IDC:EURUSD   Euro / U.S. Dollar
951 1 12
EURUSD             “Risk on / Risk off” correlation has changed a few times over the last 2 decades.

Currently and until the end of the year I see this correlation to remain negative – it could change after Oct15.

Game Plan this year:
Until Mid Apr15: I see a 5% equity correction during which EURUSD             could jump to 1.1300 (risky Leg).
From Mid Apr15 to Oct15: I see a resumption of the equity rally that could lead EURUSD             to test 1.0000.
Year end: I see equity entering a fragile configuration and EURUSD             could squeeze hard towards 1.2000.
2016: if 1.2000 is reached, it might be a short again for other reasons (correlation could change again by then). We will have time to review the situation.

Long Term
Over the next 3years, the USD index is showing a strong pattern.
If there is follow through after a few quarters of consolidation, although it is difficult to imagine right now, the pre plaza accord dynamics may repeat.
Oh dear, worst than parity
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out