The U.S. Dollar has gotten extremely aggressive against the Euro, forcing the pair to drop to the lowest low it has reached in over two years. In light of this apparently-unstoppable trend, we now promote a different count (one that has been requested by many members) for the monthly movement of the euro. The original count is still valid -- however, given the stronger evidence of the new count, and seeing that both counts have the exact same outlook for many months to come, we see no immediate need to include it, so that we can focus our attention on one high-probability count. We're updating our count to reflect the most recent price action and to present tighter targets and invalidation points. Read More

A lot has happened over the past month, and the market is now showing a familiar and clear pattern. Our longer-term view is that the price is doomed for even further declines. However, as we well know, no market movement happens in a straight line. Incidentally, all the current conditions are announcing that the time has come for an upwards correction, one that may last for several months. We're updating our count to reflect the most recent price action and to present tighter targets and invalidation points. Read More

The euro continued moving, even more strongly, towards the downside. It has already broke through the 10-month low it had established in November 2013, and is quickly coming down to test the lower bottom of September 2013. Our previous assumption was that the euro was moving in the first wave within a third-wave extension. But given the length, strength and consistency of its decline, it makes more sense to assume that this third wave is quite mature. We're updating our count to reflect the most recent price action and to present tighter targets and invalidation points. Read More

As expected, the EUR/USD market witnessed another month of very strong decline, where the euro lost over 365 pips of its value. This development confirms and supports our longer-term view for the euro, which we're going to discuss in detail, as usual, in this monthly analysis. In summary, we expect this month to witness slow, sideways-to-upwards movement for the most part. This will be part of a second wave correction, in preparation for an even stronger and more devastating decline in the months to come. We're updating our count to reflect the most recent price action and to present tighter targets and invalidation points. As usual we'll use each count's invalidation point to confirm the other count. Read More

After its recent strong decline, the euro spent last month in moving slowly towards the upside. This upwards correction adds more clarity to the current pattern, and now we have enough data to make a reasonable prediction for the coming months. We're updating our count to reflect the most recent price action and to present tighter targets and invalidation points. Read More

Finally the euro has shown some interesting movement over the past month, moving just a little bit closer to a medium- to long-term bearish view. This brings the euro closer in alignment with other correlated instruments, such as GBP/USD. More details on this new development can be found in the weekly analysis. And of course, our premium service offers day-by-day coverage all the way own to the hourly chart. Read More

Seeing that pretty much nothing changed in our long-term view of the euro, it's probably more useful to focus only on the two most conservative monthly counts, especially since each of them expects a different outcome for the euro. Naturally, as is always the case with such long-term views, it'll take time for the trend to clear up and stabilize. And in the meantime, we cover the day-to-day details of the euro's price movement in our daily service. Read More

Seeing that pretty much nothing changed in our long-term view of the euro, it's probably more useful to focus only on the two most conservative monthly counts, especially since each of them expects a different outcome for the euro. Naturally, as is always the case with such long-term views, it'll take time for the trend to clear up and stabilize. And in the meantime, we cover the day-to-day details of the euro's price movement in our daily service. Read More