The reaction rally in the Euro appears to be on schedule. The March low at 10458 held during April, so at the very least that implies a 2-3 month reaction rally. Bank dealing desks have reported to us that their trading lines have been cut. We previously reported that we suspected the ECB had asked […]

The European World Economic Conference will cover the world. When we say it will cover Europe, we are talking about the continent, not just the EU. So yes, that includes Switzerland, Eastern Europe, as well as Russia.

  The Swiss Central Bank lost 50 billion Swiss francs on the Euro Peg. That works out to 6,250 CHF per person including children.  So every couple lost 12,500 and a family of four lost 25,000 CHF. And this is all about government decisions in manipulating the economy.  Great job.

QUESTION: Marty, back on March 10th you said you had support at the 105, 103 and 100 levels in the cash euro. You then called for a bounce after the low was reached at the 10461 price level on March 13. You also said “The Break-Line reaches 80 cents on the next 8.6 year wave” […]

  The Euro closed the month at 10742 and then there was a huge fight back and forth at 10765 the following day. This is a LONG-TERM signal, not short-term. It is serious for this confirms the broader trend moving forward. However, on the Quarterly level we also elected 10970 and 11983. The first will […]

The Euro closing for March below 10765 being a Double Monthly Bearish Reversal is rather ominous for the long-term. This confirms we will see the Euro collapse to new lows. This may have more to do with just interest rates. The “feeling” in Europe is far more pessimistic than in the USA. I have a […]

COMMENT: Mr. Armstrong; Those in the industry call you the “legend” and indeed you come out and say the Euro will bounce and it immediately moves. You are perhaps far more influential than you let on. S REPLY: Yes I have heard that is my nickname. But the other side of this coin is simply […]

  We have a shot that today may provide a temporary low for the Euro. We do have a Daily Bearish Reversal at 10546. So far the Euro has fallen to 10510. As you cab see, we also have technical support today at the 10549-10543 level.  So a closing back ABOVE 10546 today will raise […]

The Euro has crashed and burned and all the silencing of forecasters has not saved the day for Brussels. Without a MAJOR structural REFORM, the Euro will be dead on arrival. Tomorrow is a key day this week. So we have to pay close attention.   We have technical support at the 105 level followed […]

It is only a matter of time until the Euro collapses sinking into the abyss. The French presidential election could be the straw that starts the disintegration of the Euro. The reason is very clear. The economic abyss with youth unemployment over 60% warns there is the complete failure to create new jobs and overall 20% […]